Annual Exclusion

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

Unified Taxes

Unified taxes are a very important concept to understand when structuring your estate plan. The concept of unified taxes is really pretty easy, but most people don’t know how it works. Federal estate taxes and federal gift taxes are definitely two different taxes, but they are “unified.”