4 ms·
> but the high lifetime exemption virtually assures that nobody who isn't extremely rich will ever hit the gift tax even with direct cash gifts. and once you p
by gohrt 13y ago
> but the high lifetime exemption virtually assures that nobody who isn't extremely rich will ever hit the gift tax even with direct cash gifts.
and once you pass $5M, it is simple enough to set up a trust or corporation to give the child control of the funds.