David M. Frees, III Phone: 610-933-8069
120 Gay St, Phoenixville, PA 19460 		Douglas L. Kaune
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Gift Tax Is Not Dead, Learn About These Gift Tax Free Transfers

Estate and Trust Attorney

Estate and Trust Attorney

As most readers know, the federal estate tax (FET) was repealed for one year at the end of 2009 and it is looking less and less likely that there will be a retroactive application of the FET. However, there is still a gift tax, presently 35%, if you give away more than $1 million in assets during your lifetime. Additionally, the federal estate tax is likely to be reinstituted in 2011 so we should continue to consider ways to transfer assets without using any of our credit against the federal estate tax or gift tax. Check out this Forbes Magazine article on 5 ways to make gift tax free gifts.

Please contact Douglas L. Kaune, Esq. any time at 610-933-8069 or dkaune@utbf.com to discuss your particular your estate planning questions and to review these or other gifting or transfer strategies.
Wills * Trusts * Elder Law * Probate * Asset Protection * Power of Attorney * Estate Planning
Unruh, Turner, Burke & Frees, P.C. is a full service law firm with offices in Malvern, Phoenixville, West Chester, Pennsylvania and serving Royersford, Paoli, Frazier, Chester Springs, Downingtown, Radnor, Chester County, Montgomery County, Delaware County, Bucks County, Berks County, Philadelphia County Pennsylvania (PA).

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Written by: Douglas L. Kaune

E-mail: dkaune@utbf.com
Phone: 610-933-8069
AVVO Rating: 10.0

Douglas L. Kaune
Douglas L. Kaune
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Mr. Kaune's practice is focused in the areas of estate planning, estate and trust administration, creditor protection, elder law, nursing home and Medicaid planning. He is a frequent speaker on the topics related to his practice. In 2010, Mr. Kaune was named a Top Lawyer by Main Line Today Magazine in the Elder Law section.

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This entry was posted on Monday, April 26th, 2010 at 7:50 am and is filed under Estate Planning, Estate tax, death tax reform, gift taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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