The Basics of Gift Taxes
Aside from receiving gifts, giving them to family and friends can also help you reduce your assets. There is a threshold, however, to how much you can give away in any given year, as well as over your lifetime. Whether…
Build Back Better Act’s Potential Impact to Your Estate Plans
The House Ways and Means Committee approving the tax provisions in President Biden’s Build Back Better Act (BBBA) marks a significant first step towards the bill’s passage. As the draft stands, the legislative proposal could restrict the abilities of higher…