Individuals and businesses alike should take the time to ask and answer some simple questions to ensure their estate and ...

An overview of Treasury regulation section 26.2642-7 is provided, detailing GST exemption allocation relief request procedures.

In 2018, as part of the “Trump tax cuts,” the federal estate, gift and generation-skipping transfer (GST) tax exemption was increased to $11,180,000, with annual increases for inflation.

In 2025, the federal estate, gift, and Generation Skipping Transfer (GST) tax exemptions will increase from $13,610,000 to $13,990,000. The increase will provide individuals an additional $380,000 ...

A 529 plan can be a valuable tool in estate planning, particularly for families who want to minimize taxes while saving for ...

With President Trump’s victory, and Republican control of the Senate and it appears likely the House too, it is unlikely that harsher estate taxes will be imposed on the wealthy in the next four ...

One must file a gift tax return (IRS Form 709 United States Gift (and Generation-Skipping Transfer) Tax Return) if one gives gifts that exceed the annual exclusion, are of a future interest ...

This year, the federal estate, gift and generation-skipping transfer tax exemption increased to $13.61 million per person, up from $12.92 million in 2023. That’s a total of up to $27.22 million ...

In particular, NH Bank will use the Fireblocks Tokenization Engine as it explores integrating digital assets into its VAT and other tax refund processes. This also includes its generation-skipping ...