A New Year is upon us, it is an election year, and a rollback of the federal estate, gift, and generation-skipping transfer taxes is scheduled for the not too distant future. State and federal estate and gift taxes are an important consideration for estate planning in the United States. Now is an opportune time to consider leveraging gifting plans while exemptions against the federal estate and gift tax are at an all-time high….By: K&L Gates LLP
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