Thursday, October 10, 2013
Walter Shjeflow recently wrote an article about the effectiveness of inter vivos gifts. He suggests using a schedule combined with an estate plan to protect assets from liability. Individuals can give outright gifts totaling $14,000 without gift and estate exclusion.
See Kelly Humke, The Value of Inter Vivos Gifts, Wealth Strategies, Oct. 4, 2013.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.