In a situation where estate taxes are very likely to be much higher than capital gains taxes, it may be desirable to make a “completed gift” out of the trust maker’s gross estate and ...

Editor’s note: This is part 10 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

Key changes in estate and gift tax exemptions and valuation rules for 2025 offer expanded benefits, though some are temporary: Estate and gift tax exemption: The lifetime exemption rises to $ ...

Tax Cuts and Jobs Act (TCJA) is set to end at the close of this year, resulting in a federal estate exclusion that is less than half of ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of $13.99 million per person ($27.98 million per married ...

Nevertheless, the fundamental principle of paying as little in estate taxes as legally permitted is still an imperative for many families. However, the IRS also imposes Gift Taxes on transfer of ...

“US persons" (i.e., US citizens and resident aliens) are subject to gift, estate, and generation-skipping transfer taxes on their worldwide assets. Others who are non-US citizens, first have to ...

So the value of gifting in 2025 for federal estate tax savings comes from gifting above 7MM but less than 14 million, unless the client is willing to pay a gift tax. This article will detail ...

The future of key tax provisions from the 2017 Tax Cuts and Jobs Act remains uncertain. In the above video interview, Noah Harden, National Wealth Planning Manager at Comerica Wealth Management, ...

2025 is a big year because the lifetime exclusion amount is set to decrease on January 1, 2026 to $5M (USD) adjusted for inflation since 2011 unless legislation is passed by U.S. Congress. As well a ...