Category: Estate Tax
How to Avoid Estate Taxes: Planning for the Future
Easing the burden for the people you love is one of the biggest reasons people engage in estate planning. For some families, estate taxes can
The Advantages of Gifting a Vacation Home
Summary: If you are considering gifting a vacation home to a family member, you might want to do it while The Tax Cuts and Jobs
Video: What is the 2019 Estate Tax?
What is the Federal and Georgia estate tax this year? Siedentopf Law has the answer (and the good news!) in our latest video. Video Transcript:
Estate Planning: Understanding Key Terms and Concepts, Part One
Having an estate plan means making provisions for your friends, loved ones, and yourself, should you become disabled or upon your death. It is an
Estate Tax Exemptions Under The New Tax Act
The Tax Cuts and Jobs Act (TCJA), a sweeping overhaul of the U.S. tax code, took effect at the beginning of 2018. The Act can potentially impact an individual’s estate planning, especially when it comes to leaving money to heirs and beneficiaries.While the federal estate tax, gift tax, and generation-skipping tax rate remains 40%, the amount exempt under the TCJA is now $10M for individuals and $20M for couples. Also, it is likely that these estate tax exemptions will increase with inflat […]
Federal Gift Tax and How it Applies to You
Each calendar year, a person can gift up to $16,000 in money or assets to an unlimited number of different recipients, without having to pay
