A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

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 ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

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, ...

For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...

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 ...

2025 is a big year because the lifetime exclusion amount is set to decrease on January 1, 2026 to $5M (USD) adjusted for ...