Is 2020 the Year to Gift Big?

Is 2020 the Year to Gift Big?

With a new President taking office in January, many people are wondering about potential changes to the lifetime exemption amount for gift and estate taxes. In 2018, the Tax Cuts and Jobs Act (TCJA) doubled the lifetime gift, estate, and generation-skipping tax...
Countdown to the end of 2020: Gift & Estate Planning

Countdown to the end of 2020: Gift & Estate Planning

2020 is quickly coming to an end. While most of us are eagerly awaiting the new year and hoping 2021 is much brighter than 2020, there are some estate planning and gifting considerations to review before year-end. Annual Gifts For 2020, you may gift up to $15,000 to...

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