The generation-skipping trust (GST) is a great tool in many cases for grandparents to transfer wealth to their grandkids. Advantages of GSTs include avoiding double taxation and shielding assets from ...
The Internal Revenue Code imposes both gift and estate taxes on transfers of assets above certain limits. For 2020, you can exclude gifts of up to $15,000 per person from the gift tax, with the limit ...
Every week, Allworth Financial's Steve Hruby, CFP®, and Bob Sponseller, ChFC®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those ...
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