Skip to content

MENU

Cole Schotz P.C. logo
HomeAbout UsContact

Tax, Trusts & Estates Law

Tax Relief Act

Subscribe to Tax Relief Act

Additional Analysis To Be Made When Gifting in 2011 and 2012

By Samuel Weiner on February 14, 2011
Posted in Estate Tax, Federal Gift, Estate and GST Tax

Under the Tax Relief Act of 2010, an individual has a lifetime exemption equal to $5 million for 2011 and 2012.  This exemption can be used to not pay estate and gift taxes or both.  In 2013, this exemption is scheduled to go back to $1 million unless there is further legislation enacted to have…

About this Blog

This blog seeks to keep you current on the recent developments and strategies available to achieve your business, tax and estate planning goals.

Stay Connected

RSS Facebook LinkedIn Twitter

Topics

Archives

Cole Schotz Blogs

  • Bankruptcy & Restructuring Law
  • Cannabis Law
  • Corporate Law
  • Employment Law
  • Environmental Law
  • Intellectual Property Law
  • Real Estate & Construction Law

Recent Updates

  • Tax Court Shuns Traditional Survey Derived Capitalization Rate Determinations and Champions Reliance Upon The Band of Investment Technique Instead
  • 2022 Changes to Estate and Gift Tax Exclusions
  • “Accidental Americans” Must Pay US Tax on Worldwide Income and Provide Detailed US Tax Reporting
  • Update – New York Power of Attorney Law Goes Into Effect
  • Starting an Active Business in an Opportunity Zone
New Jersey |
New York |
Delaware |
Maryland |
Texas |
Florida
DisclaimerPrivacy PolicyAttorney Advertising
Copyright © 2022, Cole Schotz P.C. All Rights Reserved. Attorney Advertising.
Law blog design & platform by LexBlog LexBlog Logo