Gifting plans need to be examined…
Posted by taxguru on October 25, 2011
With the per person lifetime gift exclusion at $5 million for 2011 and 2012, dropping back to just $1 million in 2013, the planning for large gifts may have some unique estate and gift tax saving opportunities. This video from the Journal of Accountancy does a good job of describing some of the twists this could entail.
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