Massachusetts: 9% Surtax on Accumulation, 16% Estate Tax From $2M. De Prins confirmed self-settled trusts don't protect Massachusetts residents. The estate tax starts at $2M with no portability. The surtax hits on the way in.
Oregon Family Trust & Estate Tax: The $1M Exemption Problem. Oregon's estate tax exemption is $1 million — the lowest in the country. A $4M Portland estate already owes state tax. What a family trust does and doesn't solve.
Washington Estate Tax: $3M Exemption, 35% Top Rate, No Portability. Washington taxes estates above $3 million at rates now reaching 35%, with no spousal portability. The federal exemption is $15 million. That gap is the whole problem.
New York Estate Tax Cliff, EPTL §7-3.1, and Koehler Turnover. New York voids self-settled trusts outright, lets courts compel worldwide asset turnover, and has a cliff that can cost $1M on a single dollar of appreciation.
Texas Asset Protection: §112.035(d), Turnover Orders, and the Federal Estate Tax. Texas exemptions protect your homestead and retirement. They don't protect your balance sheet — and no income tax means the federal estate problem arrives faster.
Florida Asset Protection: Olmstead, §736.0505, and the Generational Tax Gap. Florida has no DAPT statute and codified single-member LLC foreclosure at §605.0503(4). The exemptions are real. They are not the whole picture.
GST Exemption Explained: Non-Portability, Inclusion Ratio, Allocation. The GST exemption is $15M per person and it is NOT portable between spouses. Unallocated at the first death, it is gone permanently. What CPAs need to flag.
Your Revocable Trust Is a Roadmap, Not a Barrier. Everything in a revocable trust is reachable under Cal. Prob. Code §18200. Estate planning answers who gets what. It never answers what a creditor can collect.
The Planning Gap Most Advisors Never Address. Your client has an estate plan and a portfolio. Neither answers what a creditor can collect. What that gap costs — and how the referral works without touching AUM.
California Families With $10M+: The Generational Tax Problem No One Shows You. California has no estate tax, so no one sends a bill — and the federal 40% compounds silently across generations. What the Dynasty Bridge Trust™ does that a Nevada trust cannot.