Please note the following updates for 2022 Estate and Gift Exclusions:
- Estates of decedents who passed away during 2022 have a basic exclusion amount of $12,060,000, up from a total of $11,700,000 for estates of decedents who passed away in 2021.
- The annual exclusion for gifts increases to $16,000 for the calendar year 2022, up from $15,000 for the calendar year 2021.
Have You Heard About KROST’s Will & Trust Asset Legacy Planner?
Do you have a plan prepared for your family and beneficiaries? Does your chosen successor trustee, executor, or beneficiary(ies) know how to access all of your financial, medical, insurance, and social media information when the time comes? Even with a comprehensive will and trust, you’d be surprised how complicated it can be to manage. To mitigate emotional, tax, and administrative burdens, we’ve created a Will & Trust Asset Legacy Planner. This workbook will help organize these crucial details to ensure your wishes are met, and a smooth transition is achieved.
Douglas Venturelli, Esq. and Richard Umanoff, CPA, MBA have over 80 years combined experience in Estate and Gift, Trust, and Probate. They created this guidebook after seeing first-hand how difficult this process can be for individuals and their beneficiaries who do not have a plan and are left with shoeboxes of information to comb through.
We are offering a free preview of the planner for download. Schedule a call to assess your situation for access to the full book.
There is no better time to start, and it is never too early.
Get Free Download of KROST Will & Trust Asset Legacy Planner
KROST’s Will & Trust Asset Legacy Planner Provided By:
Douglas A. Venturelli, Esq., Principal
Tax, Sports & Entertainment
Douglas A. Venturelli, Esq., is a Principal at KROST. He has over 35 years of experience in Tax, Estate, and Business Services. His main focus is consulting with Entertainment, legal, Real Estate, and medical industry clients as well as managing many fiduciary and estate tax issues. » Full Bio
Richard Umanoff, CPA, MBA Principal
Richard Umanoff, CPA, MBA, is a Principal at KROST CPAs. Richard’s career spans over 40 years, with a concentration in taxation. His primary emphasis is estate and trust tax compliance, planning, estate administration, and probate court accounting. Richard currently serves in the role of trustee for numerous clients. » Full Bio