Can You Explain the Difference Between Annual and Lifetime Gifting Limits?
Transcript: Easan Arulanantham: What is the annual gift tax exclusion, and How’s it different from the lifetime, lifetime gift tax exception, or exemption. Tom Vaughan: Alright, so we do have a visual on this. So we got this earlier. So you can give $16,000 per year, per person to. So for example, if my wife
September 7, 2022