7 More Family Office Resources:

• Estate Tax Family Office Definition: Estate Tax Estate Tax definition:  A tax placed on the value of a deceased person's taxable estate before distributions are made.  Assets transferred to spouses or charities are generally exempt from ...
• Gross Estate Family Office Definition: Gross Estate Gross Estate definition:  The gross estate is the net worth (assets less liabilities) of the estate before taxes. The gross estate includes all real and personal property owned by ...
• Inheritance Tax Family Office Definition: Inheritance Tax Inheritance Tax definition:  Estate taxes imposed at the state level are sometimes referred to as inheritance or death taxes. Download our free Family Office Report to learn more about the family ...
• What are Estate Taxes? Question: What are Estate Taxes? Answer: Taxes, especially those taxes that can be a burden on other generations are an issue that family offices will often take care of for their family clients and try to ...
• Taxable Estate Family Office Definition: Taxable Estate Taxable Estate definition:  The taxable estate is the gross estate less attorney and administrative settlement fees (funeral and other deductible expenses).  Martial deductions and charitable deductions reduce the value ...
• Income Tax Family Office Definition: Income Tax Income Tax definition:  Income taxes are assessed on estates producing annual income over the basic income exclusion amount, similar to individuals.  The executor of the estate files an income ...
• Charitable Giving With a Retirement Account Family Office Definition: Charitable Giving With a Retirement Account Charitable Giving With a Retirement Account definition:  Charitable giving with a retirement account is accomplished by naming the charity as the beneficiary. The full amount ...