Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Jose Luis Pelaez Inc / Getty Images The term gift splitting refers to an estate planning ...
In Private Letter Ruling 201523003 (released June 5, 2015), the Internal Revenue Service examined the effect of gift splitting under Internal Revenue Code Section 2513 and the application of the ...
For many families, transferring wealth to the next generation is a key financial goal, but the prospect of gift taxes can be daunting. With the Internal Revenue Services (IRS) increasing the annual ...
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