Tag Archives: Estate and Gift Tax
Taxes And Estate Planning
News that a person has inherited a large sum of money or a valuable asset may bring some initial joy and gratitude, however, it may also cause the heir to be concerned about taxes and how much will have to be paid before they can receive the inheritance. While some people may decide to… Read More »
Grantor Retained Annuity Trust
A Grantor Retained Annuity Trust (GRAT) is another estate planning tool that you may want to take advantage of. At first GRATs may sound a little more complicated than other trusts or estate planning options, but when explained step by step they can be much more easily understood. As always, you should work with… Read More »
Estate and Tax Planning Basics Part 2 – GSTT
If you are thinking about planning your estate, there are tax considerations that you need to know about. In a previous article, we looked at estate and gift tax and capital gains tax planning. This article will cover the Generation Skipping Transfer Tax (GSTT). A skilled tax planning attorney can help you understand how… Read More »
Estate and Tax Planning Basics Part 1
Planning your estate involves thinking about taxes. Skillful tax planning can help you to avoid and minimize some of these taxes. This article gives an overview of two of the common kinds of taxes you may need to be aware of when planning your estate. Estate and Gift Tax When people think about tax… Read More »
