The annual exclusion is the amount of property the IRS allows a person to gift to another person during a calendar year before a gift tax is assessed and/or a gift tax return must be filed. The amount increases periodically, and as of 2018, it is set
One of the best things you can do for your parents is to help them get their estate planning done. It will not only give them peace of mind, it will also help you ensure your inheritance. Smart estate planning calls for both the proper forms and
Inheritance and estate planning are too easy to postpone. Even though life is fragile, we tend to think we will live forever. You can probably come up with a number of reasons to postpone your estate planning. I don’t want to hear them. Your parents can probably
How to choose an executor or trustee requires some thought and analysis. An executor is the person or company that handles your estate after you die. Whether your estate is held in a trust or is passed by your will, you need an executor or trustee to
