Luckily for Arizona residents, there is no state estate tax. This became effective January 1, 2005. Prior to this date, Arizona and all the other states collected what is called a “pick up tax” from the estates of deceased residents if they owed federal estate taxes as well. This all changed with the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) which phased out the pick up tax. While some states sought for a replacement, Arizona did not. The Arizona legislature went so far as to completely repeal the estate tax provisions located in the Arizona statues.
Jared Everton and his team worked tirelessly to negotiate with medical providers and insurance company to reach a satisfactory settlement regarding my automobile accident. The end result was much better than I expected. I have also used Jackson White Law for Divorce proceedings and subsequent related issues and have never been disappointed in the results. Everyone I have come across at this firm is extremely professional, knowledgeable, experienced, and competent.read more
Absolutely hands down the best in the business! They are the real deal indeed. Very professional and courteous. I would recommend their services to anyone and everyone.
Ashley was very friendly and polite and expert in her knowledge of Law and extremely helpful. She successfully reduced my speeding from Criminal to civil. I'm very grateful. Thank you!
Working with Attorney Jared Everton was as easy and efficient. Living thousands of miles away made me nervous, but they were great and put my mind at ease.
Daniel M. is an exceptional employee. Keeps you informed, honest, to the point, and very helpful. It had been a pleasure working with him on my issue.
I wish I could give 10 stars! From the moment I called Jackson White's ALTCS team, I felt like everything was going to be taken care of. They were the calm in my storm, the island in the ocean. I hope they know the difference they made in at least one life. And, after all, that’s the best thing we can do.read more
Jackson White provided excellent legal advice and representation. They were my first pick, and I’m glad I gave them the opportunity to support my and my business. I highly recommend this firm.
Very helpful went above our expectations Would recommend to friends and familyWould have had a real problem with this case but they got a better deal then we ever thoughtWas possible Margaret Pfannenstiel
With out a doubt the best law firm I've had the pleasure of working with, this law firm was there for me in every way to get the job done and in a very reasonable time frame..We will definitely use them again and again for all our legal needs thank you Jackson Whiteread more
GREAT TO WORK WITH!!!!!!!!!I would like to thank Pace Rawlins of Rawlins Law and JacksonWhite Attorneys at Law for helping me with my case. The process went smoothly. And my 10 year Permanent Resident Card was approved in less than a year. Me and my husband are happy and grateful with the result of this. Thank you once again on doing a great job. And for all of your hard work!read more
These guys were amazing. They listenned to my story and believed in me. They gave me a list of what I needed to have my felony judgements set aside and got it done for a portion of the cost everyone else wanted. Thank you JacksonWhite helping me restore my dignity.**Update** Just wanted to add a life update. I passed my test and will be a licensed addiction counselor soon. This has opened up so many doors for me. Thank you again.read more
I have worked with Timothy Durkin in Family Law matters. He is amazing and helped change the life of my daughter in positive ways. He looks for a way to settle and if he can’t he is a bulldog in the courtroom and a pleasure to watch during cross examination! I highly recommend him.read more
Dr. Harvey Abrams, D.
I highly recommend Tanner , never misled me always direct answers. Very professional attorneys, as the whole staff . Received my SSDI in 7 months. Thank you. Joseph
I needed legal assistance with a difficult guardianship matter. I hired Jackson White because of their excellent reputation in elder law. My attorney Colton Johnston worked very closely with me. He was very responsive whenever I needed information and supportive with my family. His services were well worth the money and I was very satisfied with the results. Much thanks!read more
After years of struggling with trying to recover from legal issues, having used an attorney that failed to yield results, and after personally appealing to a judge several times without results, Jackson-White made the difference that had been missing for 10 years. Because of them, I am able to start my life again. I’m forever grateful and would recommend them a thousand times over.read more
I highly recommend JacksonWhite . This team of attorneys went above and beyond to help me through a very serious and difficult time in my life. They have fought and won several cases on my behalf and I am sincerely grateful.read more
I’ve dealt with numerous attorneys over the past 21 years and I’ve never had any of them deliver on their promises in a timely matter, nor have they stuck to the fee agreement, until now. I received a speeding ticket while driving with my wife and daughter in the car. I was given this ticket at the very end of the month and for those of you who know, police departments do have quotas and they are required to meet them. I was an absolute casualty of this underhanded theft, that occurs to many of us who are collectively known as “We The People.” The officer was dishonest in every aspect of the charge, including but not limited to, stating he had me speeding on “LIE DAR,” with an obvious focus on “LIE.” On the ticket he wrote “Pace,” as the method for his observation, which was an impossibility. Jackson White charged me a fair fee and took care of EVERYTHING! The outcome couldn’t have been better. I NEVER take the time to leave feedback, however, I’ve NEVER witnessed the level of professionalism and customer service from any law firm in my entire life, until NOW. I’m a business owner and work in high finance and dealing with attorneys is part of my normal daily business activities. I can say with the utmost confidence, that they not only set and met my expectations, they far exceeded them. A major THANK YOU is in order, as is this five star review. Should you have a situation that requires their specific services, know that you’re in the best hands you can be in, I KNOW.read more
Jackson-White did such a good job with my setting aside my charge. They were all very professional and helpful and after I sent them everything they needed, they did the rest. I didn't have to worry or really do anything! Because of Jackson-White I as able to get a job at a local hospital and get into nursing school. Thank you guys so much!read more
Jackson White Lawfirm was amazing!! They were very great at keeping me up to date with everything. Great staff and amazing team to work with! I couldn’t thank each of them enough for helping me.
I was referred to Jared by another attorney who spoke very highly of him. Jared and his staff were professional and attentive. Johanna kept me informed, e-mailing and calling to let me know what to expect along the process.read more
The experience I had was Exceptional! I would Highly recommend this legal team. Our appointment for my son was immediate and they put my mind at ease. I was very satisfied with the outcome of his case. A mother’s sigh of relief. Thank you again!read more
I got a terrible speeding ticket while visiting my brother in Arizona. I live in California. The officer said, "You're lucky I don't impound your car and throw you in Jail!" Needless to say I was clocked at a considerable amount over the legal speed limit.I did not have the time or the inclination to appear in court and follow through with the directives. I was directed (by Google!) to Jackson White law firm and starting with the first call, my experience was first rate. It was costly, but worth every penny. I never had to appear, or pay any fine. I did have to take the driving class online, but that's all.I recommend Jackson White to anyone who needs their help!read more
Great to work with. Couldn’t have asked for any better service. They were with me all the, answering all of my questions. This is an outstanding lawyer firm.
These folks did a fantastic job. They were able to help me out tremendously ! The legal system is frustratingly slow , however JacksonWhite made the process as painless as possible. Thanks a bunch!
Colton Johnston did an amazing job on a very difficult case. I found him to be professional, kind, thoughtful and diligent. He stayed focused and determined to provide the best result possible. I live out of state and he maintained great contact with me throughout the process. I would hire him again if I ever needed an attorney!read more
Federal Estate Tax
Even though Arizona does not have its own estate tax, the federal government still imposes its own tax. All estates in the United States that are worth more than $5.49 million as of 2017 are required to pay an estate tax. This exemption rate is subject to change due to inflation. The current federal estate tax is currently around 40%. For most people, this is not something to be worried about. 99.5% of estates will not owe any federal gift or estate tax. If you are still worried about having to pay an estate tax, there are other exemption and deduction amounts that should further quell any fears you have about paying a federal estate tax.
Marital Deduction: All property left to a surviving spouse is free of federal estate taxes. In addition, the exemption amount for a married couple is twice as much as the federal amount, almost $11 million. The surviving spouse gets a huge tax break. If their spouse died without using up their entire tax exemption, then the surviving spouse is allowed to use up what is left in addition to their personal exemption.
Charitable Deduction: If you leave property to a charity, then that part of your estate will be tax free. That portion of your estate will not be counted towards your estate tax exemption.
Life Insurance Trust: When you create a life insurance trust, the proceeds of your life insurance are taken out of your estate.
Gifts: If you really want to avoid estate taxes, you can give away your property in gifts. Gifts less than $14,000 per year are tax-free and do not count against your exemption amount. This can add up quickly if you keep at it for a sufficient period of time. Also, any money spent for someone’s medical bills or school tuition is tax-exempt.
States with Estate Taxes
While most of the states in the United States do not impose their own estate tax, there are a few who do. Although recently, many states have been repealing their estate tax. Policies have been rapidly changing. Despite these changes, the following states still impose an estate tax:
District of Columbia
New Jersey (repealed for deaths as of January 1, 2018)
State estate taxes are generally much lower than federal estate taxes and most states will exempt estates up to the federal exemption. This being said, some states have a much lower exemption. Oregon for example has an exemption of $1 million. There are many websites online that will tell you exactly what your state’s estate tax policies are.
If estate taxes are something that you are worrying about, seek professional advice on how to best avoid estate taxes or at least reduce them. Our legal team at JacksonWhite is willing to answer your questions and help you in your estate planning.
Call Arizona Estate Attorney Dave Weed at (480)467-4325 to discuss your case today.
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