Gift Planning Process
Gift planning begins with your desire to want to make a gift—whether a lifetime gift or an estate gift. Gift plans are as unique as the donors who create them. A gift plan can help you decide what assets to give, how to give them, and when to do so.
Gift planning should not to be undertaken lightly. There are many issues to consider, including:
What assets to give
Explore various assets and the benefits associated with the different ways of giving these assets.
Gift Planning officers are here to help you with each step. Give us a call when you are ready. It is our pleasure to help you.
Please note: The federal estate tax is currently back in effect through the end of 2012. The top tax rate is now 35%, and the exclusion amount is $5,120,000 per person and $10,240,000 per married couple. Any exclusion amount not used by a spouse who dies after December 31, 2010, is portable and generally may be used by the surviving spouse. It is very important that you seek the advice of your estate-planning attorney to determine what changes, if any, need to be made to your existing estate plans.