Eileen Carrero photo

Eileen M. Carrero, CPA

Financial Advisor, CPA

 

Eileen Carrero Financial Services, LLC

Wealth Management, Tax & Accounting

4917 West 144th Place

Midlothian, IL 60445

 

Phone:  708-489-1035

Fax:      708-489-1036

 

Email: eileen.carrero@ceterafs.com

Website: www.myecfs.com

November/December 2023

Estate Planning Tax Strategies

Max Strategy Indicating Upper Limit And Peak

You can pass more assets to your loved ones when you do so tax-efficiently. Consider utilizing one of these methods when creating or updating your estate plan.


Life Insurance: Passes free of federal income tax.

Capital Losses: Lowers any capital gains tax owed.


Appreciated Assets: Passes free of capital gain tax.

Gifting: Gift up to $17,000 annually per person - tax free.


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