Estate taxes aren’t a widespread concern today but will be if Congress changes the rules or lets the 2017 tax law expire at the end of 2025, as is currently scheduled to happen. A good way to reduce ...
Key Takeaways In 2025, individuals can give up to $19,000 per recipient tax-free under the annual gift tax exclusion.Certain gifts—like those to a spouse or direct payments for tuition or medical ...
Giving assets away during lifetime to reduce estate taxes due upon your death is not the “no-brainer” it used to be. Sometimes, holding onto assets until your death lowers total taxes. Income tax, ...
Private equity and venture capital managers must take extra care as they firm up gifting strategies before the current lofty gift and estate tax exemption expires next year. There are special rules ...
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