Gifting in 2010?—Consider the Math


Individuals with substantial assets may find that the current “bargain” transfer tax rate, which is set to increase on January 1, 2011, provides strong incentive for making gift transfers before year end. This is especially true where gifts to grandchildren are concerned: the benefit of a 2010 gift is greatest with outright gifts to the “skip” generation, since no GST tax applies this year.

Partner Tracy Green Landauer, a member of Pryor Cashman’s Tax and Trusts & Estates Groups, has written an informative Legal Update entitled Gifting in 2010?—Consider the Math.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Pryor Cashman LLP | Attorney Advertising

Written by:


Pryor Cashman LLP on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.