Helping 20 Million Americans a Year for 20 Years. FREE!
How Can We Help You?

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential

Gifts That Qualfy for the Federal Gift Tax Exclusion

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential

Gifts that are eligible for the annual $15,000 exclusion apply only to gifts of present interest, meaning that the receiver can enjoy and use the property, and income, now. Gifts of future interests -- meaning the receiver’s use of the property will not begin until some future date – do not qualify. Examples of future interests include reversions, remainders, and other similar interests.

 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential