Nuts and Bolts Guide: The Taxes on Giving -- Federal Estate and Gift Taxes

Yes, there can be taxes on giving assets away. The tax on gifts made upon death is the estate tax. The tax on gifts made while the giver is alive is the gift tax. In 2008, the estate tax rate is 45%. The best concise guide available for these tricky topics. Available exclusively from H.E.L.P. Other Nuts and Bolts Guides

Details Published by H.E.L.P., January 1, 2008. Price: $10.00 (USA) (including USPS print mail shipping and any applicable sales tax). Continental USA sales and shipment only. Sample Page One (Acrobat Reader 5.0 or later) Background Understand the basic rules, exemption amounts and "tax free" gifts.

Description

This four-page, laminated, plain-language guide discusses
• Lifetime gifts.
• The $12,000 Rule.
• Tuition and medical expense gifts.
• Gifts to charities.
• The increasing estate tax exemption amounts.
• The use of bypass trusts.
• Other ways to minimize or avoid these taxes.
• Much more.

Guide reflects law in effect in California on January 1, 2008.