Firm Articles

News and Updates

Jessi Bixler Jessi Bixler

Shannon Sinn Named Member at Swanson Bernard

Swanson Bernard is proud to announce the appointment of Shannon Sinn as a Member of the firm. Sinn's promotion marks the continuation of the firm's strategic focus on expanding to meet the needs of our diverse clients.

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Jessi Bixler Jessi Bixler

UPDATED - Estate Planning Window of Opportunity

The estate/gift tax exemption amount for the year 2021 is $11,700,000. This amount is double the base exemption amount of $5,850,000 and is courtesy of the 2017 Tax Act. For a married couple, this means their combined transfer tax exemption amount is currently $23,400,000, less of course any taxable gifts that have previously been made.

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Jessi Bixler Jessi Bixler

Possible Year End Estate Planning Opportunity / Conundrum

As you may be aware, the estate/gift tax exemption amount for the year 2020 is $11,580,000. This amount is double the base exemption amount of $5,790,000 and is courtesy of the 2017 Tax Act, sometimes referred to as the “Trump Tax Act.” For a married couple, this means their combined transfer tax exemption amount is currently $23,160,000, less of course any taxable gifts that have previously been made.

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