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Author Question: Under current tax laws, a person may give any other person up to $14,000 per year in cash or other ... (Read 100 times)

misspop

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Question 1

By using a revocable living trust, you can avoid the probate process.


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Question 2

Under current tax laws, a person may give any other person up to $14,000 per year in cash or other assets, and neither the giver nor the recipient of the gift has any tax liability for it.


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Marked as best answer by misspop on Apr 14, 2019

Kedrick2014

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