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Entry  This page contains a single entry by lsaret published on
March 30, 2009 2:15 AM.  Getting From Here to There During These
Troubled Financial Times: A Modest Discussion of Retirement
Challenges By An Insurance Industry Analyst was the previous
entry in this blog.  IRS Announces Reduced-Penalty Program for
Taxpayers Who Voluntarily Disclose Offshore Accounts is the next
entry in this blog.   How To "HEET" Up An Estate Plan  By Julius
H. Giarmarco, Esq.  Under IRC Sections 2503(e) (concerning gift
taxes) and 2611(b)(1) (concerning generation skipping transfer
("GST") taxes) (hereafter the "IRC exclusion provisions") all
"qualified transfers" for tuition or medical expenses are
excluded from both gift and GST taxes - if they are paid
directly to the educational institution or to the medical care
provider. High net worth individuals commonly use IRC Section
2503(c) as a wealth transfer strategy. By paying their
grandchildren's and great-grandchildr