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To: scooby321
You have until December 31st 2012 to gift your children tax free up to 5 Million tax free.

Clarification please. I thought the limit was $13,000? I'll admit I'm confused.

15 posted on 07/22/2012 9:48:27 PM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Drango

I found this from late 2010.....don’t know if anything has changed....I doubt it.... http://www.bloomberg.com/news/2010-12-14/estate-measure-creates-window-to-give-children-up-to-10-million-tax-free.html


19 posted on 07/22/2012 10:45:41 PM PDT by goodnesswins (What has happened to America?)
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