Taxes and Tradeoffs

There is a dizzying array of taxes standing between people and their goals to make life better for the next generation. We work hard to make a living, but we have to play defense when it comes to taxes.

When people make estate plans, the two most common tax issues involve inheritance tax and capital gains tax. Trying to avoid one of them may cause a mistake with the other. The best strategy for one person may not be the best strategy for another.

Different family makeups and different intentions for property mean that each person has to weigh options. There are tradeoffs and risks to these decisions. This episode explores the tax questions -- and questionable public policy -- that should be considered when estate planning.

Join our podcast for expert insights on dementia care, offering caregiver support and practical advice on senior care, memory loss, and elder care for aging parents—from Alzheimer’s tips and understanding dementia stages to essential caregiving resources, managing daily routines, and preventing caregiver burnout. Whether you're an overwhelmed caregiver dealing with dementia behaviors, handling aggression, or facing financial stress, Medicare confusion, legal planning, long-term care challenges, or navigating Medicaid, we provide the guidance you need for confident healthcare advocacy.