26th Apr 2013

The Obama “Green Book” Budget for 2014 proposes the estate tax revert back to 2009 rates.  On page 138, the Administration states: “Beginning in 2018, the proposal would make permanent the estate, GST, and gift tax parameters as they applied … more

NEW LIFETIME GIFTING RULES CAN REALLY HELP FAMILIES

By : | Category : Children, Estate Planning, Estate Taxes, Families, Family Business, Gift Tax, Lifetime Gifts, Orange County, Tax Planning | Comments Off on NEW LIFETIME GIFTING RULES CAN REALLY HELP FAMILIES

14th May 2011

The new law signed by the President in December gives owners of family businesses probably the biggest tax beak to come along in many years. That break is the lifetime gift exemption, now $5 Million, for the next two years … more