The Importance of Planned Gifting
One of the best ways to minimize your taxable estate is through planned gifting. Anyone who may be subject to a federal or state estate tax, or a state inheritance tax, should at least consider a gifting plan. Can You Afford to Make Gifts? The first item to think about is – can you afford […]
Timing of a Gift
When doing planned gifting, it is imperative to have the gifts completed on the schedule that you want otherwise you may accidentally gift too much one year, causing a tax, or you may gift too little, and lose your annual gift tax exclusion for the year. Therefore, you must know the answer to this question: […]