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angelbuggy: "Right, but he said the gift was going to be in the 50-100K range, so even if both parties are married, a gift tax return would need to be filed."

44k is in the ballpark of 50k. In any event, either (or both) techniques would save some of the lifetime exemption of the gifting sibling.

"Main point is the poster doesn't have any tax consequences to himself."

Agreed.

"But you're right. Since I'm single I tend to think "single" about these things. :o)"

Thanks. We all have our perspective. I was writing for both the original poster and the board.

Regards, JAFO


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