This course covers gifting strategies that can be used to reduce the potential estate tax bite that many individuals still face. Even with the increased applicable exclusion amount that each person can transfer estate-tax-free under the American Taxpayer Relief Act of 2012 (the “Tax Relief Act of 2012” or “ATRA”)—which is $5 million (adjusted for inflation) —the performance of the stock market, real estate values, and other factors have combined to push many taxpayers over that tax-exempt threshold. For these individuals, it is important to understand the benefit of gifting and ways to maximize this transfer strategy. This course will give you an overview of how to use the gift tax and other exclusions to minimize estate taxes for beneficiaries.
Score:100.00