Posts Tagged ‘Exemption’

What Are Estate Tax Exemptions?

What is the Federal Gift Tax?

Two separate estate tax exemptions exist that could apply when leaving assets to family, a lifetime tax exemption and a¬†generation-skipping exemption. Lifetime Tax Exemptions The exemption most typically applied is called the Lifetime Tax Exemption, where each individual has a certain amount of federal tax exemption that they can leave to their heirs, usually a…

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What Are Estate Tax Exemptions?

What is the Federal Gift Tax?

Two separate estate tax exemptions exist that could apply when leaving assets to family, a lifetime tax exemption and a¬†generation-skipping exemption. Lifetime Tax Exemptions The exemption most typically applied is called the Lifetime Tax Exemption, where each individual has a certain amount of federal tax exemption that they can leave to their heirs, usually a…

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Types Of Trusts

Types of Trusts

Information about the many different types of trusts to consider during your estate planning process is below, with links to more detailed explanations and articles. The type of trust(s) you set-up will be based on your unique set of circumstances, so it is best to determine your planning priorities before you determine a type of…

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Types Of Trusts

Types of Trusts

Information about the many different types of trusts to consider during your estate planning process is below, with links to more detailed explanations and articles. The type of trust(s) you set-up will be based on your unique set of circumstances, so it is best to determine your planning priorities before you determine a type of…

Read More