Gift Taxation
Money or property with value that you give away as a gift during your life time may be subject to the federal gift tax or the state gift tax in some states. However, gifting of assets from one generation to another may be an effective way to minimize taxes on one’s estate, and certain gifts are not taxed. A well thought out gifting plan today can help you minimize how much tax, if any, that you may pay on the gifts you make and how much taxes the government ultimately collects from your estate. A gift taxation plan must be done properly in order not to expose you and your loved ones or beneficiaries to further taxes or certain penalties.
For additional information on how we can assist you in planning your gifting, don’t hesitate to contact or call us at (770) 962-7201. Your initial consultation is free.
Providing quality and affordable tax advice, opinions, representation, and litigation services, to individuals and businesses throughout the metro Atlanta, Georgia, area, including those located in Decatur, Marietta, Roswell, Peachtree Hills, Sandy Springs, Brookhaven, Buckhead, Lawrenceville, and in other cities in DeKalb County, Clayton County, Fulton County, Cobb County, and Gwinnett County, and beyond.
The Law Offices of Gregory C. Okwuosah, LLC
- A Tax Law Firm -
295 Culver Street
Suite C
Lawrenceville, Georgia 30045
Phone: (770) 962-7201
Cell: (313) 407-0636
Fax: (770) 962-7202
E-mail: greg@gcoLAW.com
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