You have four children, and you and your spouse want to maximize the amount you can give
Question:
You have four children, and you and your spouse want to maximize the amount you can give to each child each year before you have to pay the gift tax.
a. How much would you give each child?
b. What would the total gifts be in a single year?
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Step by Step Answer:
a The 2010 gift tax exclusion is 13000 ...View the full answer
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Related Book For 
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
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