Lauren Galbraith, of Farella Braun + Martel LLP, has made available for download her article, Estate Tax Planning for Large Company Stock Holdings: Four Tips for Using Record-High Lifetime Exemptions, published in JD Supra. The abstract is as follows:
Due to annual inflation-indexing, the historically high lifetime exemption amount for gift, estate, and generation-skipping transfer taxes increased in 2020. High-net-worth people who have not yet made gifts, such as gifts of company shares, to use their lifetime exemption may wish to think about lifetime gift strategies to execute this year. This article, by an attorney with extensive experience in estate planning, discusses ideas to consider.
To see the full article, click: Estate Tax Planning for Large Company Stock Holdings: Four Tips for Using Record-High Lifetime Exemptions by Lauren Galbraith.
Posted by Elise Kim, Managing Associate Editor, Wealth Strategies Journal.