When we think of estate planning, many of us think about leaving property after death. But giving money, heirlooms, or almost anything else while you're alive can also be a significant part of your estate planning. You get to see the recipients enjoy their gifts, and you might reap tax benefits as well.
Reduce Estate Tax by Making Gifts
Making gifts during your life can provide you with tax savings and more.
Best Practices for Giving Money or Property as Gifts
Know the tax consequences of giving away money or property during your lifetime.
Gifts That Could Land You in Tax Trouble
Making gifts is great--just don't create a tax problem for yourself or the recipients.
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