October 19, 2017
Forbes interviewed Tax Partner Janis Cowhey about the increased lifetime estate and gift tax exemption.
Forbes
By Ashlea Ebeling
Excerpt:
“If they’re planners, and they’ve used up their lifetime exclusion, they’ll make gifts to vehicles already in place,” says Janis Cowhey, a CPA with Marcum LLP in New York City. For example, if they have a dynasty trust for their offspring, they may put another piece of their business or cash in. Or they can pivot to new strategies.
