Whether helping the kids with a down payment on their first home, paying the premiums on a life insurance policy in an irrevocable trust, or moving appreciated assets to a younger generation, annual gifting will touch the lives of millions of Americans. But before the transfer is made, an investor should spend some time looking at the investment and the tax ramifications of the property to be passed. more…

http://www.taxsaveronline.com/taxlinks/income-tax-information.html
Originally Posted on 10/4/2005 8:26:47 AM
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