$13,000 is the yearly gift tax exclusion.
by
EricCartman
(2013-01-03 17:25:05)
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In reply to:
That is awesome. Are you and your aunt set on taxes?
posted by MistakenD
There is a lifetime exclusion of $5,000,000 (adjusted for inflation each year).
I would still suggest that Rudy runs this past her tax people.
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