How to Make Sure You Never Pay Any Gift or Estate Tax
Many people regularly make gifts to their family members without even thinking about the possibility that they might owe taxes on those gifts. In this video from the Motley Fool Financial Planning series on Motley Fool Live, longtime Fool contributor and Director of Investment Planning Dan Caplinger discusses the various dollar limits on making gifts. He also talks about what you need to do to comply with IRS rules while still avoiding gift and estate taxes when you give money to your loved ones.
Source Fool.com
