Inheritance Tax Exemptions and Credits

Generation-Skipping Transfer Tax Exemption Explained

Generation-Skipping Transfer Tax Exemption Explained

With a Generation-Skipping Transfer Tax Exemption (GSTT), individuals can transfer their assets to their heirs without...

Gift Tax Exemptions: What You Need to Know

Gift Tax Exemptions: What You Need to Know

When it comes to inheritance tax planning, it's important to know about gift tax exemptions. Gift taxes are imposed on...

Understanding the Step-Up in Basis for Inherited Property

Understanding the Step-Up in Basis for Inherited Property

If you've recently inherited property, you may have heard of the step-up in basis for inherited property. This is a...