Probably one of the surprise tax responsibilities is an estate tax. Those who are in line for an inheritance only to be burdened by a substantial federal and select state taxes can be disheartening. USA Today took on this subject and looked to our very own Sam Tutko, VP of Tax Planning at Miser Wealth Partners, in Knoxville, Tennessee for input on this very topic.
Sam’s main concern is those who choose to “go alone” in navigating the tax burden and even those who have limited guidance on how avoid substantial payments. His best advice is to find a “team” approach to solving the complex tax structure with a comprehensive, safe approach. Read the article below and find out more about this important topic before it’s too late.
