Estate planning is an essential process for individuals and families in Roseville, CA, and Placer County, ensuring that assets are properly distributed and protected. One of the most common questions we receive is: Are attorney fees for estate planning tax deductible?
Understanding the tax implications of estate planning can help you make informed financial decisions. Below, we break down whether estate planning attorney fees qualify for tax deductions and explore tax strategies for Roseville, Sacramento County, and Placer County residents.
Are Attorney Fees for Estate Planning Tax Deductible?
In most cases, personal estate planning attorney fees are not tax deductible under current federal tax laws. Before 2018, individuals could deduct specific legal and advisory fees related to estate planning if they were considered miscellaneous itemized deductions. However, under the Tax Cuts and Jobs Act (TCJA) of 2017, these deductions were suspended until the end of 2025.
Exceptions for Business Owners in Placer County
Some estate planning attorney fees may still be deductible for business owners in Placer County, Sacramento County, and surrounding areas. If you own a business and are drafting business succession plans or establishing trusts related to business assets, these expenses may qualify as deductible business expenses. Always consult a tax attorney in Roseville, CA, to determine what applies to your situation.
Administration Expenses for Estates
Certain administration expenses, including attorney fees, may be deductible for estates. The IRS states that expenses incurred for the management, conservation, or maintenance of property are deductible against the estate tax or the estate's annual income tax, but not both.
Do Estate Planning Costs Impact Estate Taxes in California?
California does not impose a state-level estate tax. However, Roseville, CA, and Sacramento County residents may still be subject to federal estate taxes if their estate exceeds the federal exemption threshold. As of 2025, the federal estate tax exemption is $13.99 million. Proper estate planning in Placer County can help minimize potential estate tax liabilities and protect your assets.
Tax Strategies for Roseville Residents
Even though attorney fees for estate planning are generally not deductible, there are still ways to reduce tax liabilities:
Utilize tax-advantaged accounts (such as irrevocable trusts)
Structure gifting strategies to reduce taxable estate values
Consider charitable contributions as part of your estate plan
Consult with a tax professional in Roseville to explore potential deductions related to business or investment assets
Additional Strategies
Review estate plans regularly: Laws and tax codes change frequently. Meeting with advisors every 2-3 years ensures your plan is optimized.
Communicate plans clearly: Ensure all beneficiaries and executors understand the specifics of your estate plan to avoid confusion later.
Seek professional advice: Work with an experienced estate planning attorney.
Work With an Estate Planning Attorney in Roseville, CA
If you're wondering, "Are attorney fees for estate planning tax deductible?" or have other estate planning tax concerns, it’s best to work with a local estate planning attorney in Roseville, CA. A knowledgeable attorney can help you develop tax-efficient estate planning strategies that align with California state laws and federal tax regulations.
For residents in Placer County and Sacramento County, working with an experienced estate planning lawyer ensures your estate is protected, and your financial legacy is secure.
Get Professional Estate Planning Assistance Today
Have questions about tax-deductible estate planning fees in Roseville, CA? Contact a trusted estate planning attorney in Placer County today to ensure your estate is structured for maximum tax efficiency and long-term protection. Call us at (800) 358-0305.
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