Tag: Gift Tax

Give While the Giving is Good

Giving Money

While we may or may not agree with President Donald Trump’s policies, the recent tax reform does allow for an increase of wealth transfer to the next generation for the next 8 years. The estate tax exemption limit has increased from around $5 million to about $11.2 million (the IRS website notes that the adjustment… Read more »

New Year’s Resolution: Leave a Lasting Family Legacy

Family Legacy Trust: Planting a Legacy

It’s never too late to start making better choices. Each New Year offers an opportunity for a bit of healthy introspection, a chance to do something differently. Here is why creating a Family Legacy Trust should be at the top of the New Year’s Resolution list this year: New tax reform laws effective as of… Read more »