Monthly Archives: November 2017

The Power of Making Lifetime Gifts

November 7, 2017
dhdlaw
A very effective strategy to employ in order to ensure that your estate will not be subject to estate tax is to make sufficient gifts during your lifetime so that at your death your estate is smaller than the then-current...

Making Gifts in Trust

November 7, 2017
dhdlaw
Despite the tax savings, you may be uneasy about making outright gifts to your children and grandchildren, due to the loss of control over when and how they use the gift. This concern can be addressed by making the gifts in...

Making Charitable Gifts from your IRA

November 7, 2017
dhdlaw
The tax law was changed in 2015 to permanently allow tax free Charitable Gifts from an Individual Retirement Account (“IRA”) by those over age 70-1/2. The law allows an “exclusion from income” of up to $100,000 per...