The federal estate tax was initially enacted in 1916. If you were around at that time, and you found out that your estate was going to be taxed, what would you do? Clearly, you would resolve to give gifts to your loved ones that would eventually be … [Read more...] about Use Gift Tax Exclusions to Gain Estate Tax Efficiency
Gift Tax
Don’t be a Turkey – Use Your Annual Per Donee Exclusion Amount
As fall turns into winter and the holiday season arrives, it’s natural to review the year, plan for the next, and count your blessings. One of the ways to plan for the next year, and perhaps to address some outstanding concerns in this one, is to … [Read more...] about Don’t be a Turkey – Use Your Annual Per Donee Exclusion Amount
Exploding Home Values Can Lead to Estate Tax Liability
It is a good feeling to watch your home go up in value, and in some areas, the prices have dramatically increased over recent years. This is a great development for homeowners and savvy investors, but there is an estate planning dimension to keep in … [Read more...] about Exploding Home Values Can Lead to Estate Tax Liability
Five Estate Planning Moves to Make Before Year-End
As the year draws to a close, it’s time to take one final look at your finances and your estate plan. This will help you not only tie up any loose ends before December 31st but planning now will also help you start the new year off on a solid … [Read more...] about Five Estate Planning Moves to Make Before Year-End
