Tuesday, November 30, 2010

’Tis the Season to be Gifting

The maximum gift tax rate, 35 percent, is the lowest in a generation. In December the "hurdle rate" for GRATs shrinks to 1.8 percent, the lowest ever. Add the threat of a punitive estate tax next year, and it's no wonder the wealthy may ring out 2010 with tax-minded gifts.

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