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An Overview of Asset Transfer Strategies

You may need to transfer assets for all sorts of reasons. A working knowledge of ...

The post An Overview of Asset Transfer Strategies first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

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Tax Planning with Charitable Trusts (Lead vs. Remainder Trusts): A Guide

When navigating the complex world of estate planning, financial planning, and tax planning, understanding the ...

The post Tax Planning with Charitable Trusts (Lead vs. Remainder Trusts): A Guide first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

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What You Should Know About Future Exemption Levels

August 9, 2019

Many people are already familiar with the 2017 Tax Cuts and Jobs Act that made significant changes to tax planning. However, the gift tax and estate tax exemption should be something that you’re familiar with so that you can leverage these to your advantage. It’s important to understand that the 2017 tax reform pushed up the maximum exemption to what is essentially double the previous amount.

However, with regards to your tax and estate planning, this change is not permanent. By 2026 the exemption will drop down to 2017 levels unless Congress decides to make changes prior to this time. Other plans to reevaluate the exemption level have been put on pause for this moment but it is very likely that Congress will at least reconsider the issue in the near future.

If you already have a taxable estate, it is important that you do not just file this information away. Instead you should begin to take action immediately. For planning of this scope and size, it is critical to work with a team of knowledgeable professionals to assist you with your tax and estate planning concerns.

A certified public accountant, a financial advisor, and an estate attorney are just a handful of the people who can help you understand how you might be currently affected by estate planning and tax planning concerns and how future issues could require you to update your plan all over again. Schedule a consultation to sit down with a knowledgeable attorney today so that you can figure out what makes the most sense for you personally.


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Schedule your free Exploratory phone call

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can be of assistance.

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listings and become a part of an amazing team.

Our Social Media

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Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts
An Overview of Asset Transfer Strategies

You may need to transfer assets for all sorts of reasons. A working knowledge of ...

The post An Overview of Asset Transfer Strategies first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more
Tax Planning with Charitable Trusts (Lead vs. Remainder Trusts): A Guide

When navigating the complex world of estate planning, financial planning, and tax planning, understanding the ...

The post Tax Planning with Charitable Trusts (Lead vs. Remainder Trusts): A Guide first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more