Category Archives: capital gains tax
Ten Thoughts (Well, OK, Eleven) To Consider This Year End
The President’s 2014 Budget proposals issued in April earlier this year are still being considered by the Congressional Budget Committee. Also, many people wrote their wills and revocable trusts when the amount exempted from Federal gift and estate taxes was much lower. Therefore, the following are a few ideas (and there are many others) for… Read More »
TO GIFT DURING LIFE OR TRANSFER PROPERTY AT DEATH
Clients often ask whether it is better to give property to their children now or transfer it to them on their death. In addition to considering the client’s non-tax objectives, the answer will be shaped by Federal estate and gift taxes and capital gains taxes. Non-taxable Estate, Transfer By Gift. If the client’s estate will… Read More »
