gift tax exemption – Putnam Wealth Management

Gift assets today — or pass them to heirs after you die?

With firmly-established exemption levels for estate and gift taxes, clients have more clarity on what they can do to limit taxation of their estates. The estate and gift tax exemption is the dollar amount that an individual can transfer to heirs that is sheltered from federal estate or gift taxes. Individuals may take advantage of

Estate and Wealth Transfer

Clarity on estate tax can prompt client discussions

Whether your client’s estate is large, small, or somewhere in between, a new law that took effect this year might warrant a closer look. The American Taxpayer Relief Act holds important provisions for investors with estate assets. The law made permanent the 2012 federal estate tax and gift tax exemption levels and included an adjustment