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Posted on 1/18/16 at 8:23 pm to CtotheVrzrbck
Is it really better. We have to pay a gift tax on anything over 10Gs.
Posted on 1/18/16 at 8:38 pm to CtotheVrzrbck
quote:
it is best to distribute inheritance while grampy is still alive.
If only it were that easy
Posted on 1/19/16 at 1:35 pm to CtotheVrzrbck
quote:
That's why it is best to distribute inheritance while grampy is still alive.
Or better yet, put that money in a wealth transfer product like single premium life insurance, or a fixed annuity.
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