Gifting Phase

There comes a time when an investor has either become too wealthy (is that such a thing?) or has gotten too old that they begin a phase in which they gift their assets to heirs, charities, or some other recipient. The gifting phase is the last phase of an investor’s timeline.

This is a phase that is included in estate planning. Many investors give it away rather than allow it to pass on to heirs or other inheritors of an estate where, with about $12 million in value, the government takes a huge portion in tax. The investor that is within the gifting phase must remain aware of the gift tax as they plan this phase...or else it's like Uncle Sam comes for dinner. And eats everyone.