by Christine | Nov 29, 2013 | Charitable Giving, GIfting |
I know that most people will simply write a check to their charity of choice but for many, there is a more tax efficient way to gift, right? With the end of 2013 fast approaching, have you considered your year-end charitable gift strategy? While it is sometimes hard...
by Christine | Feb 14, 2013 | Death Tax, Estate Tax, Federal Estate Tax, GIfting, Inheritance Tax |
The good news is the estate tax won’t apply to as many business owners as we feared; the bad news is that when it applies, it has a nasty sting. Over the past several years, we’ve seen estate taxes go through many alterations. We’ve seen changed exemption amounts, a...
by Christine | Feb 11, 2013 | Estate Planning, Family Home, GIfting, Real Estate |
There are nearly half a dozen ways to give a home to your child. And a couple are tax-free. You’re probably well aware that for many families, the family home is the single most important estate asset. Can you imagine your kids having to part with the home they grew...
by Christine | Oct 19, 2012 | Gift Tax, GIfting |
For those weighing what to do with the assets they have accumulated over a lifetime, the next few weeks may be time to make the final call. That’s because the current federal tax exemption on estates and gifts is set to roll back on Jan. 1 from $5.12 million to $1...
by Christine | Aug 24, 2012 | Estate Planning, Gift Tax, GIfting |
You can give away as much as $13,000 during the year to anyone you want—and to each of as many people as you choose—without any tax considerations. These gifts can be to family members, friends or even complete strangers. Gifts are thought to be simple. However, if...
