This blog is the second part in a three part series that will discuss the impact of certain tax related matters on Estate Planning.
Estate Planning attorneys typically counsel people on the following tax planning matters:
A person may incur Gift Tax Liability if he or she makes gifts of property during his or her lifetime. A Gift Tax is not incurred in certain situations, including:
With proper Estate Planning and advice from counsel, a person can reduce or eliminate certain gift tax liabilities.
Peter A. Moustakis is the founder of Moustakis Law LLC
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Please note that the information contained in this blog is not an exhaustive list of the matters pertaining to the discussion. Every person has a unique situation that must be tailored with the advice of an attorney after consultation. The material published on this blog is made available by the Moustakis Law LLC for informational purposes only and should not be considered legal advice. Before you make any decision that may have legal implications, you should consult with a qualified legal professional for specific legal advice tailored to your situation. Your visiting this blog does not establish an invitation to enter into, and does not create an attorney client-relationship.