Tag: gift tax

Estate/Gift Exemption and Exclusion Rise in 2018

The IRS has announced that the applicable exclusion amount (i.e., lifetime estate tax and gift tax exemption) and the GST lifetime exclusion amount have increased to $5.6 million per individual…

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Kim Walsh-Phillips of IO Creative Group & the 2012 Tax Relief Act this Saturday on Blueprint for Wealth

Please join Wayne Zell this Saturday, at 10am on January 19th, for Blueprint for Wealth on 1500AM and 820AM.  Wayne's special guest this week will be Kim Walsh-Phillips an award-winning speaker,…

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House and Senate Pass Fiscal Cliff Relief!

Early on January 1st, 2013, the Senate, by a vote of 89-8, passed H.R.8, the "American Taxpayer Relief Act" (the Act). The House passed the same bill late last night…

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Preview of October Washington Business Journal Article – Perfect Storm for Estate Planning

My October 2011 Washington Business Journal Article Discusses why now is the best time to transfer wealth to kids and grandkids. Continue reading "Perfect Storm for Estate Planning" >>

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Trade and Investment Activities in the United Kingdom and Charitable Lead Annuity Trusts

Please join Wayne Zell on Saturday, September 3 at 10am for Blueprint for Wealth on 1500AM (820AM), for an interview with Spencer Mahony, Regional Director in the South East United…

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Preview to WBJ Blueprint for Wealth Column! Tax Issues in Divorce

Top Tax Issues in a Divorce Divorce is not a pleasant topic to discuss in any forum, but it is a fact of life in America with 40-50 percent or…

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President’s Death Tax Proposals Change Landscape

President Obama introduced his budget proposals on Valentine’s Day, and has dampened the enthusiasm for many changes and opportunities enacted in the Tax Relief Act of 2010 (TRA 2010).   (more…)

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Qualified Personal Residence Trusts

In qualified personal residence trust (QPRT), you create an irrevocable trust to hold all or a portion of a principal residence. You direct the trustee to pay you the income…

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529 Plans and College Planning

Section 529 Plans have become a common estate planning technique to allow parents and grandparents to fund the education of their children and grandchildren. Parents or grandparents may not wish…

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Minor’s Trusts

A gift transfer device that combines the non-tax advantages of a trust with the annual gift tax exclusion is referred to as a “§2503(c) trust” or minor’s trust. The minor’s…

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