Monthly Archives: October 2013

Tax changes that could save you money

Starting January, 2014, the IRS will implement changes to the limits in gift giving. For estate planning, this means an additional $90,000 will be tax free bringing the exclusion amount from $5,250,000 to $5,340,000. This applies not only to transfers at death, but also to gifts made during life.

Read more about how these higher limits can impact estate planning.