Estate Planning Pitfall: You Sell Real Estate for $1
Someone may have told you a story along these lines: Years ago, my grandfather bought land along the shore in… Read More
Category: Gift Tax
Net Gifts – A Gift-Giving Technique That Makes Sense in Certain Situations
Lifetime giving is a smart strategy to reduce your taxable estate. However, if you’ve exhausted your $12.06 million federal gift… Read More
Take Full Advantage of Your Annual Gift Tax Exclusion
Did you know that one of the most effective estate-tax-saving techniques is also one of the simplest and most convenient?… Read More
Estate Planning Pitfall: You Don’t Meet the Tax Requirements For Splitting Gifts
The annual gift tax exclusion is a powerful tool in the estate planning toolbox. When using your annual exclusion, you… Read More
The Art of Estate Planning
An art collection is a special asset to account for in an estate plan It goes without saying that your art… Read More
Does a Qualified Charitable Distribution Make Sense This Year?
A unique provision in the tax code allows certain transfers, made directly from a traditional IRA to a qualified charitable… Read More
Is Now the Right Time to Forgive Intrafamily Loans?
Whether you made intrafamily loans years ago or perhaps this year in response to a loved one’s financial troubles due… Read More
To File or Not to File? A Gift Tax Return Doesn’t Always Have to be Filed.
Now that fewer people are subject to federal gift taxes, because of a generous $11.58 million lifetime gift tax exemption… Read More
Beware of the Generation-Skipping Transfer Tax
Thanks to recent tax law changes, most families can avoid liability for federal estate and gift taxes. However, there’s a… Read More
