Financial Times FT.com

Gain benefits by giving away battered assets

By Grace W. Weinstein

Published: November 11 2008 01:44 | Last updated: November 11 2008 01:44

Year-end tax planning takes on a new dimension this year as the combination of low interest rates and depressed asset values present some unusual opportunities to reduce potential federal estate tax.

When asset values of all kinds have plummeted, “the gut reaction of a lot of people is that they want to hang on to assets more tightly”, says Don Weigandt, a wealth adviser at JPMorgan in Los Angeles.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this