The Tax Cuts and Jobs Act signed into law in December 2017 will impact almost everyone. Aside from the tax rate, let’s explore some of the other areas of life that it will affect just a few areas of most people’s lives that are likely to be affected by the new law.
Under the new tax plan, only the very wealthy need to worry about paying the estate and gift tax. But estate planning is still as important as ever for all of us. Here’s what you need to know about smart estate planning in the state of California.