The payments were not treated as taxable gifts and, since the money was removed from their estate, it was not subject to estate taxes upon their death. If the grandparents kept the money until they died and then gave it to their grandchildren under their will, it would have gone through probate first, then would have been subject to a federal estate tax and then, possibly, a generation-skipping tax - all before it could be used by the grandchildren. However not all persons have the technical skills to create web design templates. For such people one can always ask a professional to make a customized web page at a certain cost.While Technical Advice Memorandums and private letter rulings only apply to the taxpayer's who request them, they are a good indication of the IRS' position on specific tax matters. In the TAM discussed above, the grandparents pre-paid roughly $181,000 of tuition costs over a two-year period. Here, it appears fairly clear that prepayment of multiple years of tuition costs will not be treated as a taxable gift by the IRS. Now, let's sort of put all this into perspective. If the grandparents had a fairly large estate, say larger than $4 million, then the estate taxes paid on that $181,000 would be roughly $83,260 (based upon a marginal tax rate of 46%). In that case, prepaying the tuition costs resulted in an estate tax savings of roughly $83,260. Plus, the grandparents didn't have to use up their annual gift-tax exclusion to get the estate tax savings. Hong Kong Web Design Hong Kong Web Development 廣告宣傳 廣告推廣 商業攝影 The web template should be stunning, innovative and ready to use. A spectacular web template will without doubt create an eye-catching home page that can almost grab the visitor by the collar and engross them on the site. Recently, the Internal Revenue Service issued a private letter ruling that supports the Technical Advice Memorandum cited above. In that case, the IRS told a taxpayer that prepayments of many years of tuition costs for his grandchildren would not be considered a gift.The intention of web templates is to design a web site. Web design templates are used for separation of content from presentation in a web design and mass production of web documents. Web design templates are designed for professional and visual appeal. One can have a customized web design for a better reflection of the companies brand or for personal or commercial use.Most of the web design templates created for commercial use, and should be appealing and luring to the visitors of the site.These collections of electronic files reside on one or more web servers to present content to the end user in the form of web pages. Studies have shown that web templates can grab interest of the first time user in only 10 seconds.