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Tag Archives: estate taxes

Gift

3 strategies for tax-smart giving

By Legacy Protection, LLP |

Giving away assets during your life will help reduce the size of your taxable estate, which is beneficial if you have a large estate that could be subject to estate taxes. For 2016, the lifetime gift and estate tax exemption is $5.45 million (twice that for married couples with proper estate planning strategies in… Read More »

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Grandchild in college this fall? Paying tuition could save gift and estate taxes

By Legacy Protection, LLP |

Now’s the time of year when many young adults are about to head back to college — or to enter their first year of higher education. If you have a grandchild who’ll be in college this fall and you’re concerned about gift and estate taxes, you may want to consider paying some of his… Read More »

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