Annual Gifting and Lifetime Exemption Gifts
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It would be wonderful to have a tool that discusses gifting and the different attributes of annual gifting and gifting using one's lifetime exemption.
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25 Sep, '24
Nathan BremerHighlighted comment
I agree this would be helpful - many times it comes up in a real estate purchase transaction where I found this article helpful: https://www.homesteadfinancial.com/purchase/tax-implications-of-gifting-funds-for-real-estate-purchases/