In This Issue:
- Conditions favorable for gifts: High exemption amount and low tax rate make
2012 the year to transfer significant wealth
- Keep family harmony when transferring a vacation home
- Transfer business ownership or remain boss? Nonvoting stock lets you share
the wealth without losing control
- Estate Planning Pitfall: You’re donating real estate to charity
Excerpt from Conditions favorable for gifts: High exemption amount and low tax rate make 2012 the year to transfer significant wealth
With many provisions of the 2010 Tax Relief act set to expire at the end of 2012, estate tax uncertainty continues. This year, the gift, estate and generationskipping transfer (GST) tax exemption amounts stand at a record-high $5.12 million. And the top rate for all three taxes is 35%, the lowest it’s been in many years. Should you take advantage of this unprecedented opportunity to transfer substantial amounts of wealth to your family tax-free?
Please see full newsletter below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.