bet9游戏平台 has published a number of articles in recent months discussing valuation and estate planning strategies during this difficult economic time (links are included at the bottom), but now these strategies are even more relevant as the upcoming election could significantly impact future estate 税 laws.
如果经济衰退有好的一面的话, it may be that ‘less is more’ when it comes to planning your estate. Generally, the less assets remaining in your estate upon death, the lower its 税 burden. 使财产最小化, an individual can make gifts during their lifetime by taking advantage of the lifetime gift 税 exemption, 目前11美元.58 million per person, and the annual gift 税 exclusion of $15,000 per donee.
在经济衰退期间, 投资价值, including ownership interests in private and public companies, 经常变得抑郁. One receives the added benefit of gifting such assets while they have declined in value since a larger piece of their would-be estate may be gifted while still remaining below the lifetime exemption and annual exclusion limits. 捐款人将减轻他们的遗产税负担, while the donee receives assets that will potentially increase in value when the economy recovers – a win-win situation.
It is unclear how lifetime exemption and annual exclusion amounts will change, 如果有的话, 11月大选之后. The Tax Cuts and Jobs Act passed by President Trump in 2017 doubled the gift 税 lifetime exemption to its current level and sunsets on December 31, 2025. Many predict the estate 税 exemption would be reduced if former Vice President Joe Biden were to take office, 但减少的幅度尚不确定. 因此, it would be beneficial to take advantage of the exemption at its current level before it is potentially reduced.
当然, the future of the current estate 税 environment is uncertain, and the values of many investments have decreased as a result of volatile market conditions, so this may be an ideal time to discuss your estate planning strategy with your financial/税 advisor.
bet9游戏平台 has significant experience providing estate planning consulting. We have also prepared numerous valuations for gift and estate 税 purposes. 联系格雷格·艾莉森(412-697-5341; gallison@sdcpa.com)或Melanie LaSota (412-697-5242; mlasota@sdcpa.com) for more information about our estate planning services and Steve Thimons (412-697-5281; sthimons@glassstyle.net 如果您对估价bet9平台游戏有疑问.
来源:
/our-thoughts-on/use-it-or-lose-it
/our-thoughts-on/current-market-conditions-valuations-estate-planning
/our-thoughts-on/estate-planning-tool-business-succession-plan
/our-thoughts-on/decipher-estate-trust-deduction-changes