As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly using the annual exclusion, gifts to family members and loved ones can reduce the size of your taxable estate, within generous limits, without triggering any estate or
Uncategorized Archives - Crawford Ellenbogen
Sep 10, 2021
Planning for year-end gifts with the gift tax annual exclusion
- By Joan Ellenbogen
- Estate, Gifts, Taxes, Uncategorized
- 0 Comments
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Jul 29, 2020
A win-win proposition: A CRT can benefit you and your favorite charity
- By Joan Ellenbogen
- Estate, Uncategorized
- 0 Comments
A charitable remainder trust (CRT) can convert assets into a stream of lifetime income, provide a current tax deduction and leave the remainder to your favorite charity. Typically, a CRT is funded with income-producing assets, such as real estate and securities. These assets may be supplemented by cash deposits. When you transfer assets to the