How are sales & loans used as lifetime tranfer tools in estate planning? What are the reasons/advantages and threats/disadvantes of using these tools?

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Collen VonLv2

6 Apr 2018

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Please explain as throughoughly as possible what gifts of partial intersest are in estate planning, as well as describe how they are used as a liftime transfer tool. Please describe the advantages and disadvantages of these gifts as well (if possible).

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(A) Yes, since lifetime gift tax exclusion and the estate tax exclusion are expressed as a total amount, it is possible to use this exclusion to transfer assets at either stage or a combination of the two.

(B) No, portability only applies to estate transfer tax system.

Can you provide a detailed explanation for your answer? Please only answer if you have a strong background in estate planning.

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How are sales & loans used as lifetime tranfer tools in estate planning? What are the reasons/advantages and threats/disadvantes of using these tools?

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