Cristin C. Lambros, LLC

  • Phone: 410-825-8550
  • Fax: 410-825-8554
  • Email Us
  • 8415 Bellona Lane Towson, MD 21204 Baltimore County View Map
Firm Info
  Cristin C Lambros
  Practice Areas
  Client Profiles
Legal Info
  Estate Planning
  Estate Admin
  Resource Links
Legal Staff
Misc Info
  Hours and Fees
Contact Us
  Email Form
Areas of Practice
  • Estate Planning
  • Wills
  • Estate Administration
  • Trust Administration
  • Estate and Gift Taxation
Estate Planning Concepts

    1. Use both spouses' Applicable Exclusions ($5,000,000)
      1. Credit Shelter Trust (or outright gift to children)
      2. Equalize estates of both spouses - asset titling, beneficiary designations
    2. Leveraging - impose transfer taxes on assets at lower value during life than at death
      1. Insurance trust (or children own insurance)
      2. Lifetime gifts of assets likely to appreciate (Silicon Valley stock)
    3. Make gifts outside transfer tax system - annual exclusion gifts; tuition payments
      1. Outright to children
      2. Grandchildren's trusts
    4. Avoid assets being subject to estate tax in successive generations
      1. 3 trust plan under will
      2. $5,000,000 trust under will
    5. Take advantage of lower marginal rates - no marital deduction bequest
    6. Valuation of assets subject to tax - discount value (fractional interests)
    7. Advanced leveraging techniques - subtraction method (impose transfer taxes on asset value after subtracting value of retained interest)
      1. Qualified Personal Residence Trust - subtract value of retained right to use property for term of years
      2. Grantor Retained Annuity Trust - subtract value of retained right to annual fixed dollar payout for term of years
      3. Charitable Lead Unitrust - subtract value of charity's right to annual fixed percent of assets payout for term of years
    8. Tax inclusion versus exclusion - inter vivos gifts and pay gift tax (survive 3 years)
This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Cristin C. Lambros, LLC website is powered by Maryland Web Designers