Gifting for Tax Planning

Most people start planning for their death to make sure that their assets are given to the correct people.  There is also another main objective of estate planning, which is tax planning.  It is important to plan for taxes because there are many tools that can be used to reduce the expenses.  One tool used is gifting.  For estate owners, this tool is ideal because they get to see their loved ones rewarded.  You can gift to your heirs, or your can gift to a charitable organization.

For more information visit my estate planning attorney Orange County blog.

http://blog.tompkins-law.com/2013/12/tax-planning-through-gifting.html

http://www.tompkins-law.com/estate-plan-reviews-and-amendments