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Financial Planning / Tax Strategies


Subject:  Re: Gift tax Date:  7/17/2018  3:12 PM
Author:  op456op Number:  127828 of 131149

I believe yearly gift tax is limited to the $14 K per individual. I believe the total that can be passed upon death is the ~$5 MM. So only after she passes can the total amount be distributed tax free. Each year she can gift the $14 K to any/everybody she wants tax free.

You might want look at Pub i709:
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