Now or Later: When is the Right Time to Transfer Your Wealth?
To gift or not to gift? It is a deceptively complex question. The temporary doubling of the federal gift and estate tax exemption — to an inflation-adjusted $11.7 million in
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Tag: Gift & Estate Tax Exemption
Determining Whether You Need To File A Gift Tax Return Can Be Tricky
For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for married couples). As a result, few people will be subject to federal