Advanced tax planning

Shift value to your family over time.

Some of the most effective planning is steady. Annual exclusion gifts move money to family each year without using your exemption. A family LLC lets you give interests in family property or a business while you keep management control, and those interests may be valued at a discount.

Call (844) 544-PLAN to schedule

The short answer

Annual gifts within the exclusion use none of your exemption. A family LLC centralizes family assets, keeps you in control, and allows gifts of LLC interests over time.

Do this first

✓List family property or business interests you might place in an LLC

✓Decide who should manage the LLC

✓Choose how much you can comfortably give each year

Why it matters

What it does, compared with doing nothing

Waiting until death

Without a plan

Everything is counted in your estate at full value.

With the Family LLCs and Annual Gifts

Value moves to family during life.

Giving property directly

Without a plan

Land or a business is split among heirs, often causing conflict.

With the Family LLCs and Annual Gifts

The LLC keeps it together under one manager.

Losing control

Without a plan

Outright gifts give up control.

With the Family LLCs and Annual Gifts

You can manage the LLC while giving away ownership interests.

How it works

How it works, step by step

Annual exclusion gifts

Gifts each year to as many people as you choose, up to the annual limit, with no gift tax return in most cases.

Direct tuition and medical payments

Paid directly to a school or provider, these do not count against any limit.

The LLC is formed

Family property or business assets are placed in an LLC.

You keep control

You serve as manager and make the decisions.

Interests are given over time

Non-managing interests are given to family or trusts.

Valuation

A qualified appraisal supports the value of each gift.

Custom plans, flat fees

Advanced planning without the hourly bill.

Every advanced tax plan is custom, built around your assets, your family, and your goals, so the investment is quoted separately after we review your estate.

01Some firms bill tens of thousands, even hundreds of thousands, of dollars in hourly fees for this kind of work.

02We do these plans for a flat rate, quoted in writing before any work begins.

03No meter running on phone calls, emails, or revisions. You know the number up front.

Questions

Common questions

Every family is different. A 15-minute call with a licensed attorney answers the rest.

Estate tax planningBack to: A Larger Estate→

What is the annual exclusion?

The amount you can give each person each year without using your exemption. It is adjusted for inflation; we confirm the current figure.

Are valuation discounts allowed?

They can be, when supported by a qualified appraisal and a real business purpose. The IRS reviews them closely, so the LLC must be run properly.

Can I still receive income from the property?

You can receive a fair management fee and your share of distributions, but the LLC must be respected as a separate entity.

Does the LLC also protect from liability?

It can help separate liabilities of the property from your other assets.

Ask whether Family LLCs and Annual Gifts fits your family.

In 15 minutes, a licensed attorney will tell you what your family needs and quote the flat fee in writing.

Call to schedule