For the past decade, the federal unified transfer tax system has provided an amount that anyone can pass either by gift or at death to persons other than a spouse free of tax. This amount is called the “applicable exclusion...more
Six months ago, the greatest global economic contraction of our lifetimes began. We could not foresee then how widespread and cataclysmic it would be, but we knew that for those clients with fortitude and foresight, the...more
IRS Opens Door to Black Friday (and Beyond) Savings on Gift and Estate Tax -
Just in time for the holidays, the IRS has released Proposed Regulations that reassure the wealthy that they will continue to benefit from...more