How much money can they gift to their children without any gift tax liability? 1 Answers as of August 24, 2017

Someone has $3.5 million they accumulated over 50 years and they have three children and 4 grandchildren.

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Sebby Law Office | Jayne Sebby
The amount exempt from gift tax changes periodically. I believe that currently gifts up to $14,000 per year per person are exempt.
Answer Applies to: Nebraska
Replied: 8/24/2017
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