Jensen Estate Law

January Newsletter


New Year, New Order: Putting Your ‘House’ in Perfect Shape 

Start 2024 with your financial affairs in pristine order. Our latest article walks you through how to kickstart your year by organizing vital documents, re-evaluating beneficiaries and fiduciaries, and setting the stage for smooth Tax Day preparations. We delve into the importance of open communication in estate planning and offer actionable advice to ensure your ‘house’ stands as a well-organized stronghold of wealth preservation. 

Trusts & Taxes: The Crossroads of Wealth Management

Delving into the world of trusts and income taxation, we take an educational journey exploring their interconnected relationship. The complexity of trusts’ income taxation is untangled, revealing the hidden facets that impact their operations and the wealth they protect. This article aims to help you understand the significance of tax planning and the role of income taxation within the context of a trust, all while keeping an eye on preserving your estate’s value. 

How a Community Property Trust Could Save You Money in Taxes 

Learn how a community property trust can be a valuable tool to save on taxes and preserve your family’s legacy. Discover the benefits of a full step-up in basis and how this trust can significantly reduce capital gains tax liabilities, allowing you to secure your assets and provide for your loved ones.