Tax Code, Regulations and Guidance
January 16, 2024
Via: National Law ReviewA New Year is upon us, it is an election year, and a rollback of the federal estate, gift, and generation-skipping transfer taxes is scheduled for the not too distant future. State and federal estate and gift taxes are an […]
Tax Code, Regulations and Guidance
November 20, 2023
Via: JD SupraEstate planning is a lot like putting together a puzzle. The client provides you with their box lid showing what they want the ultimate result of their plan to look like. Then, estate planners are tasked to identify and gather […]
Tax Code, Regulations and Guidance
November 17, 2023
Via: National Law ReviewThe Internal Revenue Service recently announced the 2024 cost of living adjustments for the estate and gift tax exclusion amounts. Gift Tax Exclusion Amount The Gift Tax Exclusion Amount is the amount an individual may gift to any number of […]
Tax Code, Regulations and Guidance
February 23, 2023
Via: JD SupraAs we turn the calendar to 2023 and the holiday gift-giving season is behind us, now is the time to consider this year’s changes to the estate and gift tax exemption. You may recall from earlier columns that the estate […]