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Subject:  ?: annual gift tax exclusion of 10K Date:  1/21/2001  1:13 PM
Author:  ccaawwss Number:  153833 of 277980

I'm hoping someone out there in Fooldom is able to help me with this question. My father-in-law wants to set up a joint account (brokerage)with me. My question is: To reduce his estate, will he be able to gift me $10K a year from this joint account?

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