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Estate Planning For Persons With Less Than $5 Million, Bridget J. Crawford
Estate Planning For Persons With Less Than $5 Million, Bridget J. Crawford
Elisabeth Haub School of Law Faculty Publications
Individuals of modest wealth may face significant estate taxes but do not have such a large base of wealth that they can 'afford' to make major lifetime gifts or other transfers to reduce estate taxes. But there are planning techniques that can help. Individuals in the ‘modest‘ wealth category face special hurdles in estate planning. This article will assume that the ‘modest‘ wealth category includes individuals whose net worth exceeds the amount of taxable gifts that may be protected by the unified credit (the equivalent of $1 million and herein referred to as the ‘gift tax exemption‘), but does not …
Sample Forms, In Estate Planning Law And Taxation, 4th Ed., Bridget J. Crawford
Sample Forms, In Estate Planning Law And Taxation, 4th Ed., Bridget J. Crawford
Elisabeth Haub School of Law Faculty Publications
Sample estate planning forms.
Selected Estate Planning Strategies For Persons With Less Than $3 Million, Bridget J. Crawford
Selected Estate Planning Strategies For Persons With Less Than $3 Million, Bridget J. Crawford
Elisabeth Haub School of Law Faculty Publications
Individuals in the “modest” wealth category face special hurdles in estate planning. This article assumes that the “modest” wealth category includes individuals whose net worth exceeds the amount that may be protected by the unified credit (for 1999, the equivalent of $650,000 and herein referred to as the “estate tax exemption,” the “gift tax exemption” or the “applicable exemption amount”), but does not exceed approximately $3 million. In general, people of modest wealth cannot easily afford to give up significant amounts of wealth during lifetime to achieve estate planning goals, although the lifetime transfer of wealth is one of the …