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Estate Planning Red Flag – You’re splitting gifts with your spouse

$225.00

SKU: ESTja194. Category: .

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Abstract: The annual gift tax exclusion allows a person to transfer up to $15,000 per beneficiary gift-tax-free. One can double the exclusion to $30,000 per beneficiary if an election is made to split the gifts with a spouse. This brief article explains why it’s important to understand the rules surrounding gift-splitting to avoid unintended — and potentially costly — consequences.

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