What are the gift tax exclusions? 2 Answers as of September 25, 2010

If I wanted to gift my grandchildren each a significant amount of money to take care of college tuition, what are my tax liabilities?

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E. Ray Critchett, Zaino & Humphrey, LPA
E. Ray Critchett, Zaino & Humphrey, LPA | Ray Critchett
There are a variety of tax planning strategies you can use to achieve your goal. Call our office to schedule a phone consultation.
Answer Applies to: Ohio
Replied: 9/22/2010
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