by James Wade | Nov 2, 2016 | Estate and Gift Taxes, Income Taxes, Taxpayers
Gifts are a part of everyday life. Birthdays, holidays and special occasions. Who doesn’t love getting gifts! This includes Uncle Sam. You may not be aware of this but when you make a gift you are engaging in a taxable transaction. This gift tax is an excise tax...
by James Wade | Sep 26, 2016 | Estate and Gift Taxes, Taxpayers
Portability is a rather new concept in the world of estate planning, specifically regarding the Federal estate transfer tax. Before explaining what portability is and how it fits into your estate plan, let me explain a few things about the Federal estate and gift...
