Showing 1 post tagged Tax Cuts and Jobs Act of 2017.
Give Now, Save Later – Capturing Current Estate and Gift Tax Exemptions
Posted In Estate Planning, Taxation, Wills and Trusts
Many people think of an estate plan as a way for their assets to be distributed in the future, after their deaths. However, in some situations, it may be more advantageous to make at least some of those planned gifts now—and help your loved ones avoid some of the financial burden of estate taxes. Especially for individuals with high net worth, taxes could become much greater when the currently increased lifetime exemption amount “sunsets” on January 1, 2026. More >