Who Pays Taxes on a Gift?
When making a lifetime gift, it is important to consider the gift tax exemption and estate tax exemption. This video from the American College of Trust and Estate Counsel takes a look at who pays taxes on a gift.
The tax attorneys and estate planners at Woods Fuller are here to answer your questions as it relates to federal, state, and/or local taxes.
The information in this blog is accurate as of the date of publication.
