Annis, Daoud Comment on New Estate and Gift Tax Exemption

31 August 2018 Forbes News

Of Counsel Natalie Annis and Special Counsel Jamil Daoud are quoted in a Forbes article, “How Three Families Are Using The New $11 Million Estate and Gift Tax Break,” about the doubling of the federal estate and gift tax exemption for 2018.

For sophisticated high net worth clients, it’s not whether they’re going to use the exemption, but “when and how,” Annis said.

Daoud pointed out that those who take advantage of the tax break are not only removing the $11 million from their estate, but also all of the appreciation over their life expectancy. He cited the example of one tech client, who is 55, who is adding $5 million in shares to a trust he had previously established for his kids as a pre-planning move before an anticipated cash infusion in his company by a private equity firm, which should leave the client with $15 million in cash.

Related Services


Will Other Tech Companies Join Microsoft in Honoring CCPA Across the U.S.?
18 November 2019
Internet, IT & e-Discovery Blog
Get Off My Lawn! Employers Gain Expanded Rights to Keep Unions Away from Their Property
18 November 2019
Labor & Employment Law Perspectives
Debunking Conventional Labor and Employment Wisdom
18 November 2019
Labor & Employment Law Perspectives
Racing to Innovate: The OESA’s 2019 Industry Outlook Panel
14 November 2019
Dashboard Insights
PATH Summit 2019
18-20 December 2019
Arlington, VA
Madison CLE Days
18-19 December 2019
Madison, WI
MedTech Impact Expo & Conference
13-15 December 2019
Las Vegas, NV
Review of 2020 Medicare Changes for Telehealth
11 December 2019
Member Call