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Gift Taxes Q&A
The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. The tax applies whether the donor intends the transfer to be a gift or not. The gift tax applies to the transfer by gift of any...
Back to School Shopping Tips
American Bank & Trust knows that back to school shopping adds up. It can take a bite out of your budget this time of year. We have a few tips to help you save, earn rewards and benefit your community. Get Buzz PointsBuzz Points is a debit card reward program for...
Benefits of A Revocable Living Trust
Celebrated author and journalist Tom Wolfe died in May at the age of 88. He wrote The Electric Kool-Aid Acid Test and The Bonfire of the Vanities, among many other notable works. Wolfe was survived by a wife and two children. His Will left his tangible personal...