Bidden Capital Gains Tax on Estate will ELIMINATE YOUR LIFE SAVINGS

Biden Capital Gains Tax on Estate you need to know before you sell that real estate. In our last two videos we talked about the 2021 federal estate tax exemption and how the repeal of the stepped up could negatively impact your estate, by subjecting millions of Americans to a capital gains tax on estates of their loved ones. Today, we give a simple explanation of the capital gains tax.
Download our ESTATE PLANNING STRATEGIES TO PROTECT YOU AND YOUR FAMILY https://geni.us/strategies

Download our Estate Plan Check-up Guide: https://geni.us/checkup

Estate Planning for Dummies https://amzn.to/2NNXak7
Aging in the Right Place https://amzn.to/2ZvYavY
Estate Planning Basics Ninth Edition https://amzn.to/3s5ZJgm
Estate & Trust Administration For Dummies https://amzn.to/3dvLpcZ
0:00 Start
0:08 Definition of Capital Gains
0:31 Reason this is so important
0:48 Stepped up basis
1:05 What is Capital Gains
1:21 Long term Capital Gains Short term Capital Gains
1:54 Capital Loses
2:00 Capital Gains tax rate
2:24 Collectibles
3:21 Simple Capital Gains example

YOUTUBE Playlist:
“Who needs an Estate Plan” https://youtu.be/JSFWSXPKzCM
“Oklahoma Power of Attorney” https://youtu.be/2jJFq3KH-X0
“2019 Estate & Gift Tax Exclusions” https://youtu.be/8Rzip7VxLdQ
“Incapacity Planning” https://youtu.be/e5RlLCudIJo
“Health Care Power of Attorney” https://youtu.be/Ub0tQJUisVM
“Living Will” https://youtu.be/Byv9p2rLE-Q
“HIPAA Authorization” https://youtu.be/osliALWvzIc

...

NOTE: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!
#estateplan #estateplanning #probate #trust #stevecortes #corteslawfirm

https://youtu.be/zPKJ03sueFI

Facebook: https://www.facebook.com/corteslaw/
Instagram: https://www.instagram.com/corteslawfirm/
Twitter: https://twitter.com/CortesLawFirm
SoundCloud: https://soundcloud.com/stephen-cortes-111673972

Cortes Law Firm
5801 Broadway Extension Hwy Suite 110
Oklahoma City, OK, 73118
405-213-0856
https://corteslawfirm.com/
https://www.youtube.com/channel/UCYIkoIL8z3Wr0PiunTmVKpw
Find us on Google Maps https://www.google.com/maps?cid=13744236403846045140

Capital Gains Tax on Estate,capital gains,capital gains tax explained,how to avoid capital gains tax,short term capital gains tax rate,short term capital gains tax,capital gains tax explained real estate,how much is capital gains tax on rela estate,captial gains tax on the sale of real estate,capital gains tax on the sale of rela estate,captial gains tax on estate,avoid capital gains tax on real estate,avoid captial gains tax on real estate,Cortes law firm,Capital Gains Tax on Estate,capital gains,capital gains tax explained,how to avoid capital gains tax,captial gains tax on estate,avoid capital gains tax on real estate,Cortes law firm,Biden Estate Tax,Biden Estate Tax Plan could increase the estate tax,president biden estate tax,biden changes to the estate plans,estate tax 2021,2021 estate tax rates,inheritance tax 2021,death tax 2021,biden changes to estate tax,repeal stepped-up basis,stepped up basis

Видео Bidden Capital Gains Tax on Estate will ELIMINATE YOUR LIFE SAVINGS канала Cortes Law Firm