Dallas Elder Law Attorney

IRS Announces Increase In Amount That Can Be Given In Life & Death Without Taxation | 11 - 15 - 22

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Sinopsis

The IRS has announced new limits (1) on how much you give per year, person without reporting to the IRS, and (2) on how much be given at death without federal estate tax per year. Pros and cons of gifting during life and planning to avoid estate taxes after death are discussed.