Posts tagged "real property"

Intentionally defective grantor trusts: a unique planning possibility

Under the Tax Relief Act of 2010, the federal lifetime gift exemption was increased to $5 million per person, or $10 million per married couple. That number applies to estate, lifetime gifts, and generation skipping transfer tax. As a recent article in Forbes points out, with such a generous increase in the lifetime gift exemption amount, and with the uncertainty about when that number will change, many are now taking advantage of the ability transfer assets with little or no federal gift tax consequences.

Mr. Teiger, Thank you very much for your time and results. I will definitely recommend you & your firm to anyone who wants to be treated professionally courteously and needs results.Hope all is well.Again...thank you. Regards, Paul L.

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