Recent Articles from Kami Pomerantz
Estate tax repeal: benefit or burden?
On Jan. 1, a one year repeal of the federal estate tax, the generation-skipping transfer (“GST”) tax, and a reduced tax rate for lifetime gifts went into effect. On Jan. 1, 2011, the federal estate tax and GST tax will be reinstated and the gift tax rates will be increased. While this temporary reprieve from […]
Supercharge your estate plan
Like the old adage for investing that one should buy low and sell high, wealth transfer planning is most effective when asset values are depressed and interest rates are low. The current economic crisis has created an ideal opportunity to transfer assets to heirs through tax efficient vehicles. The current combination of discounted assets and […]