Plan Now for Reduction in Estate, Gift and GST Tax Exemptions

 

The federal government taxes the transfer of assets via three separate but interrelated taxes: the estate tax, which taxes the transfer of assets at death, the gift tax, which taxes gratuitous transfers during your lifetime, and the generation-skipping transfer (GST) tax, which is an additional tax assessed when assets are transferred to grandchildren or more remote generations. All three taxes are linked via the federal estate, gift and GST tax exemptions.

Plan Now for Reduction in Estate, Gift and GST Tax Exemptions

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