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Tag Archives: annual gift tax exemption

Annual exclusion gifts

Why making annual exclusion gifts before year end can still be a good idea

By Legacy Protection, LLP |

A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate tax at death. There are many ways to make tax-free gifts, but one of the simplest is to take advantage of the annual gift tax exclusion with direct gifts. Even in a potentially changing… Read More »

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