Latest / The Red Wagon Estate Planning & Elder Law Show
New 2023 Numbers for Tax and Medicaid Planning
The start of the new year brings new numbers that affect financial decisions and health care. Jeff provides an update on the 2023 numbers you should know for tax planning and Medicaid qualification.
Jeffrey R. Bellomo, founder of Bellomo & Associates, is a licensed and certified elder law attorney with a master's degree in taxation and a certificate in estate planning. He explains complex legal and financial topics in easy-to-understand language.
Key Takeaways
01:45 – Tax Planning
The annual exclusion gift amount is $17,000/person for 2023
Most people will not be subject to federal estate tax…
The skinny
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