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Who pays gift taxes and how much? - Estate Planning in San Luis Obispo

Who pays gift taxes and how much?

Schedule an Appointment Now The recipient does not pay gift tax Receipt of a gift or bequests is not taxed, in other words, the value of property so received is excluded from the recipient’s gross income. However, after the date of transfer income generated by the property will be taxed to the recipient (donee). This … Continue reading Who pays gift taxes and how much?

Estate Planning in San Luis Obispo