Travers & Associates, Inc.

The gift and estate tax exemption amount has almost doubled to $11.18 million per person in 2018. Having clients make gifts now allows for additional appreciation to be transferred free of gift, estate and GST taxes before the amount sunsets in 2026. Here are more reasons why this should be taken advantage of now. #estatetax #gifting https://www.wealthmanagement.com//use-it-or-lose-it-increa

Irrevocable Trusts are supposed to be just that- irrevocable. But what happens when life situations change and you need to make a change to the trust? Just how hard would it actually be? Trusts & Estates Magazine explains: https://www.wealthmanagement.com//how-irrevocable-irrevoca

The IRS announced that the 2019 Gift and Estate tax exemption is $11.4 million per person- up from 2018's $11.18 million. Now, a couple who has used up their exemption before the increase has another $440,000 of exemption value to pass on tax free. This increase of almost half a million dollars can bring great new planning opportunities for the high net worth people who fall under this category. #estatetax

Now that Democrats have won the House, revisiting tax reform such as the "2017 Tax Cuts and Jobs Act" could most likely happen. This is how the flip could potentially affect your clients. #taxreform #midtermelections https://www.wealthmanagement.com//what-expect-taxes-new-co

Marvel Comics mastermind Stan Lee has died at age 95. The past few years of his life have been filled with lawsuits, family feuds and elder abuse allegations. Who will inherit his millions now? #stanlee https://www.cheatsheet.com//who-will-inherit-stan-lees-fo/