• Estate Planning: An Overview of Estate and Gift Taxes and Marital Deduction Trusts
  • August 14, 2003 | Author: James W. Keeling
  • Law Firm: Hinshaw & Culbertson LLP - Rockford Office
  • The Federal Estate and Gift Tax Laws are a complex set of laws contained in the Internal Revenue Code that are designed to assess taxes against individuals on the transfer of assets during their lifetime and/or upon their death. Through various estate planning mechanisms it is possible to defer and sometimes avoid gift and estate tax liability.