In this video, Frank & Kraft walks through the key tax pitfalls to avoid when creating your estate plan, so you can keep more of what you've built for the people you love.
🔹 Estate tax and the federal exemption threshold — how it works in 2026
🔹 Gift tax and the annual exclusion — when a "gift" triggers tax
🔹 The generation-skipping transfer tax and who it catches
🔹 Tax consequences of improper beneficiary designations
🔹 How transfer-on-death (TOD) and payable-on-death (POD) accounts are taxed
🔹 Capital gains and the "step-up in basis" rule for inherited assets
🔹 Trust tax traps — how a poorly structured trust can create a taxable estate
🔹 Why an experienced attorney matters for tax-smart estate planning
Frank & Kraft, Attorneys at Law — protect what matters most.
📞 Call us today: (317) 684-1100
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By: Frank & Kraft, Attorneys at Law
Title: Tax Pitfalls to Avoid When Creating Your Estate Plan (What the IRS Watches)
Sourced From: www.youtube.com/watch?v=585OQ1N1HYk
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