Gift Tax and Estate Tax Exemption Amount for 2024
The Internal Revenue Service (IRS) has increased the exemption amounts for the federal gift tax and estate tax to the highest amounts they have ever
The Internal Revenue Service (IRS) has increased the exemption amounts for the federal gift tax and estate tax to the highest amounts they have ever
If you’re thinking about giving a significant gift to your adult child or even a complete stranger, there’s some information you should know first. According
High inflation is resulting in some adjustments to federal estate taxes and gift taxes for 2023. According to The Economics Daily: U.S. Bureau of Labor
A Massachusetts trust is a legal document that can hold legal title to your assets. Think of it like a box where you can hold
A charitable lead trust is usually implemented after other estate planning basics are done, such as your will, revocable trust, powers of attorney and health
The County 17 recent article entitled “Even ‘Singles’ Need Estate Plans” says if you die intestate (i.e., without a last will and testament), your assets
The relationship between a grandparent and a grandchild is a very special one. As a grandparent, you want to do what you can to give
There are many ways to incorporate gifting and charitable giving into your estate plan. People often make gifts and charitable giving through their estate plan
According to Giving USA, the total estimated charitable giving in the U.S. increased by 5.2% from the prior year to $410.02 billion in 2017. Giving
In this season of giving, we often think about how we’re giving back to the world we live in. You might donate here or there
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