Gift Tax Planning

Gift Tax Planning

Estate taxes are levied on estates worth $12.92 million or more. MendenFreiman routinely works with clients to avoid or lower estate taxes through a gift tax planning strategy. Properly structured gift tax plans offer options for making gifts to heirs during your lifetime and establishing a charitable giving plan after your death.

Whichever gift tax planning strategies you choose, we’ll create a comprehensive plan to lower your tax liability, protect your assets and make sure they’re distributed appropriately. Through gift tax exemptions and other approaches, our skilled tax planning lawyers will help preserve your legacy.

Our gift tax planning strategies include:

  • Outright gifts
  • Charitable trusts
  • Grantor retained annuity trusts (GRATs)
  • Intentionally defective grantor trusts (IGDTs)
  • Qualified personal residence trusts (QRPTs)

Preserve your estate and avoid excessive taxation