6 Tax|Efficient Ways to Transfer Wealth to the Next Generation

Revitalizing the Generation-Skipping Transfer Tax - Chicago Unbound

and 1986 GST taxes believed that the tax laws should be “neutral” between trusts and other methods of transferring wealth (e.g., outright gifts ...

What is a Wealth Tax, and Should the United States Have One?

A number of wealth tax proposals also include an “exit tax” on assets transferred abroad to curb tax avoidance. To illustrate the basic concept, ...

6 Estate Planning Options for High-Net-Worth Families

Many wealthy individuals begin transferring assets to their loved ones through annual financial gifts up to a yearly annual exclusion exemption ...

Estate tax planning: Tips to help you pass on your wealth - Thrivent

Giving away assets during your lifetime is another way to reduce the size of your taxable estate. This strategy has financial benefits and also ...

The Philosophical Foundations of Wealth Transfer Taxation

Indeed, applying socialism to tax policy may result in a system that taxes such transfers both at the point of the transferor and the transferee. In this way, ...

Gift of Home Equity: What It Is and How it Works - Joseph L. Motta Co.

The Great Wealth Transfer and the Home Affordability Crisis · Gifting While Living and the Gift of Equity · How a Gift of Equity Works · Home ...

Estate tax | Internal Revenue Service

The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at ...

Effective Way to Pass Assets To the Next Generation

New Wealth Transfer Strategies to Efficiently and Effectively Pass Assets to Your Family and Charities. Maybe you're wanting to help your ...

Tips to successfully transfer your wealth - Vanguard Group

Wealth transfer is the process of moving assets from one generation to another. Assets can include investments, real estate, personal property, ...

Estate & Wealth Transfer Strategies

Wants to leave money for the next generation. Preserve a client's legacy from various tax and life events by repositioning assets not needed during his or her ...

The Great Wealth Transfer: What it means for your money - Bankrate

Experts project that younger generations such as Gen X and millennials will inherit $72 trillion of that total, while charities receive the rest ...

Trusts and Passing on Wealth - Horsfield & Smith

There are many ways to reduce or eliminate the inheritance tax ... Trusts and Passing on Wealth – how to pass on wealth to the next generation.

Preserving Generational Wealth | PNC Insights

The table above shows the impact of avoiding a transfer tax at each generation. Other Benefits. Taxes are not the only way family wealth can be ...

Tax-smart gifting strategies | Wells Fargo Conversations

Smith says acting now can help maximize a donor's lifetime exemption and minimize their eventual tax burden. “If you can transfer an asset today ...

Estate Tax Planning Strategies Before the 2026 Tax Sunset - Wiss

Finally, the higher lifetime gift tax exemption presents an exceptional opportunity for wealth transfer planning. But as the sunset provision ...

Using Intrafamily Loans to Transfer Wealth and Reduce Estate Taxes

With current interest rates at near-historic lows, intrafamily loans remain an effective way to shift wealth to the next generation while ...

Understanding Generation-Skipping Trust (GST): What to Know

Estate Tax Reduction or Elimination · Generation-Skipping Transfer Tax (GSTT) Exemption · Protection of Assets · Control Over Wealth Distribution · Long-term Wealth ...

Nine Charts about Wealth Inequality in America - Urban Institute

To help families with low incomes accumulate wealth, policymakers could consider making current tax deductions more progressive, including by ...

The Great Generational Wealth Transfer: How You Can Prepare

Examples of Tax-Smart Wealth Transfer Strategies · Revocable Living Trust. A revocable trust allows you, the grantor, to maintain control over ...

Using A 529 Plan For Generational Wealth Transfer Purposes

Obviously, the more you use your 529 plan, the less you will have to transfer wealth to the next generation in a tax-efficient manner. Therefore, you've got ...