by Michael Baker | Aug 27, 2020 | Estate Gifting, Estate Planning
In 2017, the Tax Cuts and Jobs Act doubled the exemption limit for the federal estate or gift tax to $11.4 million per person. That exemption limit is slated to increase with inflation every year until 2026, when it will revert back to the previous levels. However,...
by Michael Baker | Dec 18, 2019 | Estate Gifting, Estate Planning
Use your Estate to gift money, property or personal loans When your estate tax liability is too high for your personal preferences or needs, you may want to consider gifting your assets. With some strategic planning and advice from an estate planning lawyer, gifting...
