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Julia set up an irrevocable trust for her children and grandchildren with Crummey powers. Her husband John DID NOT agree to gift splitting to
Julia set up an irrevocable trust for her children and grandchildren with Crummey powers. Her husband John DID NOT agree to gift splitting to fund the trust. They have 7 children and 7 grandchildren who will be named as trust beneficiaries. Assume the annual gift exclusion for 2024. How much can she contribute to the trust this year without gift tax consequences?
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
