How do you distribute wealth to the family?
How do you distribute wealth to the family?
Pass on Wealth to Heirs Using These Strategies Gifting. The annual gift tax exclusion provides a simple, effective way of cutting estate taxes and shifting income to heirs. … Direct Payments. … Loans to Family Members. … Grantor Retained Annuity Trust (GRAT) … Roth IRA Conversions. … A Tax Professional is Here to Help.
