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Author: neeh Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: gift tax problem? (correct post) Date: 9/2/2001 2:53 PM
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Hello all,
My Father wants to gift me stock of a young company (planning to go public) as part of my inheritance (it will be well over the inheritance exclusion amount). At the moment the stock is worth only a few dollars a share, but it will be worth substantially more in a short while. He wants to give me $100,000 worth of stock, but can only gift $10,000 tax free directly to me. My question is could he gift $10,000 to a very close family member, and then have that family member gift it to me tax free? Would this be legal?
If not, what would be the best way to go about this while? What if he loaned me $100,000 worth of stock?

Any and all suggestions are greatly appreciated

Thanks for your help

Jason

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