Tag: charitable donation

How Gift Taxes May Affect Your Estate Planning Strategies

Posted on May 3, 2024

DuPage County, IL estate planning lawyer

For people with a high net worth, the estate planning process may involve a variety of complex concerns. It will be important to take steps to protect one’s assets and ensure that as much wealth as possible can be transferred to future generations or used to support charitable causes. One of the most important aspects of asset protection will involve minimizing the taxes that apply when an estate is transferred. Gift taxes and gift tax exclusions are a crucial factor in a high-net-worth estate plan. An experienced attorney can provide […]

Posted in Estate Planning

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