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Inflation Adjustments for 2025
Manage episode 452049844 series 3486035
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There are many ways for a client to incorporate charitable giving into planning, during life and upon death. That charitable giving can be a significant part of the client’s legacy, and it can result in tax advantages.
Many of the exemptions that apply for gift, estate and generation-skipping transfer tax are adjusted for inflation each year. In this episode, Murphy will review those exemptions and the adjustments for inflation in 2025 and discuss some strategies for efficient use of those exemptions in 2025.
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