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  2. How To Pass Generational Wealth Tax Free - AOL

    www.aol.com/pass-generational-wealth-tax-free...

    You can pass on significant wealth tax free by gifting assets up to this exemption amount. ... “FLPs allow you to transfer assets to family members while maintaining control,” said Michael ...

  3. 8 Must-Know Rules for Gifting Holiday Money to Family

    www.aol.com/8-must-know-rules-gifting-165700115.html

    4. Know the tax implications. In certain countries, like the US, you may only be able to gift money to family members tax-free as long as it’s under a certain amount.. For example, IRS rules on ...

  4. How can gifting assets to your parents allow you to save on taxes

    www.aol.com/finance/rich-americans-dodging...

    After gifting the property to your parents, you can inherit the assets back when your parents die. If the parents die a year after the initial transfer, the step-up in basis comes in.

  5. Gift tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Gift_tax_in_the_United_States

    A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."

  6. Grantor retained annuity trust - Wikipedia

    en.wikipedia.org/wiki/Grantor_retained_annuity_trust

    At the end of a specified time, any remaining value in the trust is passed on to a beneficiary of the trust as a gift. Beneficiaries are generally close family members of the grantor, such as children or grandchildren, who are prohibited from being named beneficiaries of another estate freeze technique, the grantor-retained income trust.

  7. Gift tax - Wikipedia

    en.wikipedia.org/wiki/Gift_tax

    Exempted if received by immediate family members; otherwise, 25%. Belgium: Gift tax rates differ depending on the area where the gift is registered and range from 3% to 7%. Botswana: 12.5% Chile: 25% Colombia: 10% Croatia: 4% Czech Republic: If the gift is taxable, the usual PIT rate applies. Denmark: 15% Dominican Republic: 27% Ecuador: 35% ...

  8. The Gifting Strategy That Could Help You Avoid Estate Taxes - AOL

    www.aol.com/upstream-gifting-help-avoid-estate...

    Upstream gifting is a tax and estate planning strategy that calls on giving highly-appreciated assets to someone in an older generation, who in turns leaves the assets to the original owner's ...

  9. Estate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Estate_tax_in_the_United...

    Individuals, partnerships and family corporations own 98% of the nation's 2.2 million farms and ranches. The estate tax may force surviving family members to sell land, buildings, or equipment to continue their operation. [81] The National Farmers Union advocated relief for farmers by increasing the exemption per estate to $5 million. [82]