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Mark Glendon's Blog – June 2022 Archive (1)

How Gifting Can Decrease Your Estate Taxes

Leaving an inheritance to your loved ones is a wonderful way to continue providing support for the people you care about after your departure. Unfortunately, even in death, taxes can still follow your assets and take a serious chunk out of the wealth you leave behind.

The good news is that you can reduce some estate taxes by utilizing the practice of gifting. Federal regulations allow you to gift up to $15,000 per person per…

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Added by Mark Glendon on June 9, 2022 at 2:10am — No Comments

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