By most accounts, 2022 has been a tumultuous year from a planning perspective: the uncertainty of the midterm elections, stock market volatility, rising interest rates and the highest level of inflation in recent history have...more
12/6/2022
/ AFR ,
Charitable Remainder Trust ,
Estate Planning ,
Estate Tax ,
Gift Tax ,
Grantor Retained Annuity Trusts (GRATs) ,
IRS ,
Qualified Personal Residence Trust ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Transfer Taxes
Many estate planning strategies involve leveraging low interest rates in order to transfer the appreciation of an asset to beneficiaries free from transfer taxes.
Generally, these techniques enable senior family members to...more
Key points
•On Wednesday, September 15, The House Ways and Means Committee advanced a proposal for a $2.1 trillion tax increase.
•The proposal could drastically change the gift and estate tax treatment of new...more