Estate and gifting architecture for wealth management: the unified estate/gift/GST framework, lifetime exemption vs annual exclusion, basis step-up vs carryover, trust taxonomy, and beneficiary planning. Use when the user asks about the 'estate tax exemption', 'annual gift exclusion', 'step-up in ba
Estate and gifting architecture for wealth management: the unified estate/gift/GST framework, lifetime exemption vs annual exclusion, basis step-up vs carryover, trust taxonomy, and beneficiary planning. Use when the user asks about the 'estate tax exemption', 'annual gift exclusion', 'step-up in basis', a 'revocable trust' or 'irrevocable trust', 'gifting to my kids', '529 superfunding', or the '