3 ms·
The Federal Gift tax is the same as the inheritance tax - 40% - after the thresholds are maxed out. Trusts also pay the gift tax at the time of the transfer. T
by gjsman-1000 1y ago
The Federal Gift tax is the same as the inheritance tax - 40% - after the thresholds are maxed out.
Trusts also pay the gift tax at the time of the transfer. Trusts grant control, not much in tax exemptions at this scale.
- eru 1y agoDo these taxes still apply, even if you use a charitable trust?