Marital trusts can be a valuable tool for estate planning, helping to manage and distribute assets effectively. These trusts offer a way to ensure your spouse gets taken care of while potentially reducing tax burdens. What is a marital trust? A marital trust, also known as an “A” trust, provides for the surviving spouse after […]

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Gifting assets during your lifetime can be a strategic way to manage your estate and provide for your loved ones. However, it’s important to understand the tax implications associated with such gifts to avoid unexpected financial consequences. Gift tax and exemptions In the United States, the IRS imposes a gift tax on the transfer of […]

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