Tax Considerations for Gifting PC1411-Digital

TAX MANAGEMENT

TAX CONSIDERATIONS

Tax Considerations for Gifting During Your Lifetime

A Guide to Understanding Your Options

People often provide gifts to family members and charities during their lifetime. Beyond simply being generous there are various benefits to the donor including reducing current income and future estate taxes. There are certain gifting methods that allow an individual to pass assets to the next generation or charitable organizations in a tax-free manner.

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