What’s Inside: The Value of a Gift and Maximizing Gifting Strategies

Private client partner Lisa Presser and associate Brian Balduzzi coauthored an article for The Legal Intelligencer titled “What’s Inside: The Value of a Gift and Maximizing Gifting Strategies,” which provides considerations for families looking to maximize gifting strategies.

Presser and Balduzzi note that with the $12.92 million lifetime estate and gift tax exemption and the $17,000 annual gift tax exclusion being at all-time highs and indexed for inflation, many advisers are recommending that families review their willingness and ability to develop an annual gifting plan and implement more substantial gifting strategies.

The authors outline considerations for families, including the power of leveraging the number, types and timing for these gifts; the effectiveness of gifting depressed assets and those expected to appreciate with the utility of properly verified discounts for these assets; and the options for structuring a gift into a trust.