Question
Donna has 3 children and 7 grandchildren. She sets up a family trust. Donna wants to transfer $100,000 to the trust but wants to know
Donna has 3 children and 7 grandchildren. She sets up a family trust. Donna wants to transfer $100,000 to the trust but wants to know if that will cause any gift tax problems. Will the transfer pose any gift tax problems. Why?
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Managing the Law The Legal Aspects of Doing Business
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
4th edition
133151565, 978-0132164429
