The annual gift tax exclusion allows you to give up to $14,000 to any number of gift recipients within a calendar year free of the gift tax.
Topics covered in this white paper include:
- Additional Gift Tax Exclusions
- Lifetime Unified Gift and Estate Tax Exclusion
- Conclusion
- References
Founder and Owner at Parman & Easterday
After helping his own family deal with a lengthy probate and the IRS following his father’s untimely death in a farm accident, Larry Parman made a decision to help families create effective estate plans designed to reduce taxes, minimize legal interference with the transfer of assets to one’s heirs, and protect his clients’ assets from predators and creditors.
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