Episode 07: Unlocking & Demystifying Estate and Inheritance Taxes with Verleana Green-Telusca

In this eye-opening episode of Unlocking the Club, host Angela Taylor sits down with estate planning attorney Verleana Green-Telusca from VDG Law Group to demystify the complex world of estate and inheritance taxes. Verleana explains how these taxes work, who they impact, and essential strategies to help minimize or avoid unexpected tax burdens on your beneficiaries.
Verleana dives into the tax implications that can arise after a loved one’s passing, including the federal estate tax exemption thresholds, which determine if an estate is subject to taxes. She explains why most Americans won’t need to worry about estate taxes but highlights the importance of understanding property taxes, capital gains, and strategies like step-up in basis to protect inherited assets. Whether you have significant assets or simply want to ensure your family is financially prepared, this episode provides critical insights to secure your legacy and alleviate future tax implications.
Key Highlights:
1) Understanding Estate and Inheritance Taxes
2) Navigating Property and Capital Gains Taxes
3) The Importance of a Step-Up in Basis
4) Planning for Retirement Accounts
5) Strategic Charitable Giving
Memorable Quotes:
"Estate and inheritance taxes may seem intimidating, but with proper planning, you can secure your legacy without leaving your family with unnecessary tax burdens."
"Understanding the step-up in basis can mean significant tax savings for your heirs when they inherit property."
"Estate planning isn’t just for the wealthy-it’s for anyone who wants to control their assets and avoid potential pitfalls for loved ones."
Call to Action:
Special Offer for Listeners: Unlocking the Club listeners can schedule a FREE Estate Planning Consultation (valued at $1,250) and receive $500 off their Estate Plan by contacting Young Law Group through their website at Young Law Group and mentioning Unlocking the Club. Don’t wait-secure your family’s future today!
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Thank you for listening! Be sure to tune in to the next episode of "Unlocking the Club" as we continue to explore the journeys of those who are breaking barriers, reclaiming their space, and unlocking their full potential.
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This award nominated podcast is hosted by Angela Taylor. Angela Taylor is an equity & inclusion strategist, executive coach, motivational speaker, podcaster, TV Analyst, and entrepreneur! She is the co-founder of Dignitas, Principal of Tindall Avenue Coaching, and Owner & Chief Indulge Officer of Indulge Boise Food Tours, which is a culinary and cultural experience brand that is the #1 Rated Food Tour in Boise. Angela also connects her passion for sports and storytelling as a Studio Analyst & Game Analyst for Women's Basketball with the Pac-12 Network.
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