Marital trusts can be a valuable tool for estate planning, helping to manage and distribute assets effectively. These trusts offer a way to ensure your spouse gets taken care of while potentially reducing tax burdens. What is a marital trust? A marital trust, also...
Month: June 2024
Tax implications of gifting assets during a lifetime
Gifting assets during your lifetime can be a strategic way to manage your estate and provide for your loved ones. However, it's important to understand the tax implications associated with such gifts to avoid unexpected financial consequences. Gift tax and exemptions...