April 21, 2026: The Ins and Outs of Gifts Not Subject to Gift Tax
Co-sponsored by: Goldblatt Bokoff LLC and Sound Portfolio Advisors
12:30 lunch and networking ~ teleconference 1:00-2:30 pm
Free for members, $35 for guests, all Cannon offerings are offered in-person at Chelsea Groton Bank's headquarters (904 Poquonnock Road, Groton, CT).
About the Program:
Nontaxable gifts may be an attractive component of a comprehensive estate plan. Structured properly, nontaxable gifts facilitate moving value out of the donor’s eventual taxable estate without erosion of the donor’s estate and gift tax basic exclusion amount or GST exemption. The simplest type of nontaxable gifts is an outright gift of cash, directly to the target donee, within the amount of the gift tax annual exclusion. However, gifts in trust or gifts of certain types of assets can be problematic.