How to Take Advantage of Annual Exclusion

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Tip 1 - Maximizing Estate Tax Planning Through Annual Gifts, and Unlimited, Direct Gifts of Tuition and Medical Expenses | Bingham Greenebaum Doll LLP

Published: 9 years, 3 month(s) ago | Submitted by Gurdarshan Grewal | permalink

Bingham Greenebaum Doll LLP is a full-service law firm providing progressive business, litigation and government services to clients ranging from Fortune 500 businesses and Global 1000 companies to small, regionally based organizations across a variety of industries and sectors. Bingham Greenebaum Doll LLP has nearly 225 attorneys and locations in Indiana, Kentucky and Ohio.

For further reading: http://www.bgdlegal.com/news/2013/02/01/articles/maximizing-estate-tax-planning-through-annual-gifts-and-unlimited-direct-gifts-of-tuition-and-medical-expenses/ ^[1]

Tip 2 - Reduce Estate Tax by Making Gifts | Nolo.com

Published: 9 years, 3 month(s) ago | Submitted by oslan osorio | permalink

Making gifts during your life can provide you with tax savings and more.

For further reading: http://www.nolo.com/legal-encyclopedia/reduce-estate-tax-by-gifts-30095.html ^[2]

Tip 3 - The Limits On Tax-Free Gifts: What You Need To Know

Published: 9 years, 3 month(s) ago | Submitted by Cold Sweat | permalink

Here's how to use the yearly and lifetime limits to best advantage and avoid lurking tax traps.
Tags: Business,Investing,Personal Finance,Retirement,Estate Planning,American Taxpayer Relief Act of 2012,Internal Revenue Service,Sidley Austin

For further reading: http://www.forbes.com/sites/deborahljacobs/2013/11/01/the-2013-limits-on-tax-free-gifts-what-you-need-to-know/ ^[3]