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Mission: To foster the high quality of services provided by members of CalCPA in the field of estate planning, through advocacy, education and the provision of resources to CalCPA members.
* This is a state committee with corresponding chapter committees.
Current Estate Planning Issues Under the Biden Administration: The two most important words in estate planning are “record keeping.” A proposal by President Biden would limit the step-up of basis upon inheritance of property from a decedent. Here in California, home prices have been skyrocketing. So, if you or your clients have owned a family home for decades located in a desirable metropolitan area of the state, that home by itself could have a $1 million potential gain. Read more.