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Brown Cafe UPS Forum
UPS Retirement Topics
Parents Gifting Their Children FYI
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<blockquote data-quote="IVE GOTTA PACKAGE 4U" data-source="post: 2544800" data-attributes="member: 45051"><p>You forgot about the Medicare look back.</p><p>And the estate tax doesn't apply if it's less than a little over 10 million for a married couple.</p><p></p><p>You state may have a state inheritance tax but you don't have to worry about federal unless you have tons of cash</p><p></p><p></p><p></p><p>Do a little research next time </p><p></p><p></p><p>You're welcome </p><p></p><p></p><p><a href="http://www.forbes.com/sites/ashleaebeling/2015/10/22/irs-announces-2016-estate-and-gift-tax-limits-the-10-9-million-tax-break/#276524776a7c" target="_blank">IRS Announces 2016 Estate And Gift Tax Limits: The $10.9 Million Tax Break</a></p></blockquote><p></p>
[QUOTE="IVE GOTTA PACKAGE 4U, post: 2544800, member: 45051"] You forgot about the Medicare look back. And the estate tax doesn't apply if it's less than a little over 10 million for a married couple. You state may have a state inheritance tax but you don't have to worry about federal unless you have tons of cash Do a little research next time You're welcome [URL="http://www.forbes.com/sites/ashleaebeling/2015/10/22/irs-announces-2016-estate-and-gift-tax-limits-the-10-9-million-tax-break/#276524776a7c"]IRS Announces 2016 Estate And Gift Tax Limits: The $10.9 Million Tax Break[/URL] [/QUOTE]
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