submitted 3 weeks ago by BonesOfTheMoon@lemmy.world to c/insanepeoplefacebook@lemmy.world

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[-] Brosplosion@lemm.ee 3 points 3 weeks ago

There's a yearly limit for gifts at $18k in 2024.

[-] lemmyman@lemmy.world 3 points 3 weeks ago

True, but anything over that just counts toward estate tax, which has the aforementioned exemptions.

this post was submitted on 30 Oct 2024

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