Is Now the Right Time to Forgive Intrafamily Loans?
By EsqSocial Corporation 28/10/20
Whether you made intrafamily loans years ago or perhaps this year in response to a loved one’s financial troubles due to the COVID-19 pandemic, consider forgiving those loans. Why? A record-high gift and estate tax exemption amount and a low-interest-rate environment add up to an ideal time to forgive intrafamily loans......
By: Adler Pollock & Sheehan P.C.