re: Anyone have a trust fund or receive money from parents?

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Theoretically , ones parents could give their child , who has a family of four $144,000 a year tax free. $18k from dad to the family of 4 $18k from mom to the family of 4 At least that’s how I understand it.

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They could also give anyone $27.2 million combined using their lifetime exclusion. The annual numbers everyone worries about don’t count against the lifetime exclusion.

For essentially anyone that this would impact, I’d imagine they’re aware of those numbers.