New Address: Chisholm Law Group, LLC – 4550 Montgomery Avenue – Suite 900N – Bethesda – Maryland 20814

Chisholm Law Group, LLC

Schedule Your Consultation: 844-991-1392

Chisholm Law Group, LLC
Schedule Your Consultation
Our Attorneys Protect Our Clients’ Finances And Assets Throughout Their Estate Planning And Tax Law Issues

Reduce Estate Taxes with Strategic Bypass, Marital, and Dynasty Trust Planning

Estate taxes can significantly reduce the value of your estate, potentially leaving your heirs with less than you intended. With proper planning and legal guidance, however, it is possible to reduce or even eliminate these taxes.

At Chisholm Law Group, LLC, we believe estate planning shouldn’t be complicated or intimidating. Moreover, we understand that preserving your hard-earned wealth for future generations is a top priority. With our decades of experience, our attorneys can help you handle the complexities of estate taxes and develop strategies to minimize their impact.

Contact our firm at 844-991-1392 to schedule your confidential consultation today.

Understanding Estate Taxes

Estate taxes are levied on the transfer of a deceased person’s assets to their heirs. These taxes can significantly reduce the value of inherited wealth. At the federal level, estate taxes currently apply to estates exceeding $13,990,000 per individual (as of 2025), with a top tax rate of 40%.

Like most other states, Maryland, District of Columbia, and New York residents face both federal and state estate taxes. Each jurisdiction’s estate tax exemption is significantly lower than the Federal exemption, with rates ranging from 0.8% to 16%. This dual tax system means that even if your estate falls below the federal limit, it might still be subject to state estate taxes.

Given the complexity and potential financial impact, it’s important to work with an experienced lawyer who can help you create a good tax strategy.

Protect More Of What You’ve Earned

Estate taxes can take a big bite out of what you’ve worked hard to build. However, with thoughtful planning, you can legally reduce or even avoid those taxes, ensuring more of your legacy goes to your loved ones. Our team can help find the best options for estate tax reduction, which might include:

  • Bypass trust: Also known as a credit shelter trust, a bypass trust allows a portion of your estate to “bypass” estate taxes when the first spouse passes away. It holds assets for your heirs while still allowing your spouse access to the trust’s assets, protecting your estate for the next generation.
  • Marital trust: A Marital Trust lets you pass assets to your spouse tax-free and then control how the remaining assets are distributed after both spouses have passed. It’s a simple and powerful way to provide for your partner and safeguard your family’s future.
  • Dynasty trust: A Dynasty Trust passes assets to your heirs in a way that protects those assets from their spouses and other creditors, and avoids estate taxation at a beneficiary’s death. It is an effective way to keep your wealth in the family and not have it transferred to others.
  • Qualified Domestic Trusts: A type of Marital Trust used when a surviving spouse is not a United States citizen, a Qualified Domestic Trust, or QDOT, defers any Federal estate tax which may arise at the first spouse’s death.

These specialized trusts can be powerful tools for tax minimization and estate tax relief. Our experienced team at Chisholm Law Group, LLC, can help you determine which trust strategies are most suitable for your specific situation.

Call Today For A Confidential Consultation

We make estate tax planning accessible and understandable. No guesswork. Just thoughtful, personalized planning designed to give you peace of mind.

Call our firm at 844-991-1392 or fill out our online contact form to schedule your first consultation.