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What's New for 2016 for Federal and State Estate, Inheritance, and Gift Tax Law

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12 Simple Steps to an Estate Plan A checklist to help you take care of your family by making a will, power of attorney, living will, funeral...

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The federal gift tax applies to all gifts that you make during the course of your lifetime. Whether a gift will be taxable for gift tax purposes depends on three things. Find out what they are and if you have made any taxable gifts.

This Forbes blurb reminds you when you have to file a federal gift tax return. You can also visit http://www.paestateplanners.com/video/how-much-can-i-give-without-filing-a-gift-tax-return.cfm

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What Is the Gift Tax? The federal gift tax applies to gifts of property or money while the donor is living. The federal estate tax, on the other hand, applies to property conveyed to others (with the exception of a spouse) after a person’s death.

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