BKHM Blog

GIFT AND ESTATE PLANNING

Posted by Sheridan Smith on Fri, Oct 11, 2013 @ 09:38 AM

'Tis (Almost) the Season for Gift and Estate Planning

With Thanksgiving just around the corner, many people are thinking about estate planning and making year-end gifts to family members. Last year, taxpayers scrambled to make last-minute asset transfers in case the historically generous gift and estate tax exemptions expired or rates skyrocketed. This year, taxpayers face a calmer estate planning landscape because Congress passed a relatively generous federal gift and estate tax regime.

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Topics: bkhm cpas, gift tax, Estate Planning, estate taxes, estate tax