Bid to lower exemption after January deal unexpected; advisers sitting tight for
For grandparents as well as parents, contributions to 529 plans are treated as gifts.
Recent tax-law changes are making it easier for families to help pay education bills for multiple grandchildren and even future generations. But grandparents have to make some tough decisions first.
Wealthy taxpayers who want to make large gifts to family members recently got good news: A federal appeals court affirmed a popular technique to sidestep gift taxes.
Estate Return data from irs.gov
Estate Tax Tips for Married Couples.
Here is one surprise benefit of low interest rates: They can help reduce taxes.
Once you have signed your living trust document, the next step is to change titles and beneficiary designations to your trust. This is called “funding” your living trust.
Fearing that their children might blow their legacies, more parents are shunning lump-sum payments to kids turning 21. How to set up a smart trust.
Trust-Owned Life Insurance: The CPA’s Role.