$5,120,000 Gift Tax Exclusion: What are You Still Waiting For?

Dear Clients, Colleagues, and Friends, We have about six months left before the new year and the expiration of many of the Bush Tax Cut rules that we have all enjoyed for almost a decade. But the most significant of all of the expiring tax laws is the reduction of the $5.12M gift tax exclusion to $1M. Why should you care? Because transferring up to $5M out of the estate and growing it at 6% per annum means you liberated […]

Continue reading