Category Archives: Gift Tax
Can I Use My Spouse for Tax Avoidance in Washington State?
If you’re interested in tax planning strategies in Washington State, you should consider methods that involve your spouse. Many critics of modern marriage say it has become a purely financial arrangement, but this is also one of marriage’s key benefits. Use your marriage to your advantage, and you may be able to avoid various… Read More »
Will I Have to Pay Federal Gift Taxes If I Give Money Away Before I Die?
Not everyone waits until death to financially provide for their loved ones. Many individuals are happy to give their money away while they are still alive. But can this lead to tax complications? More specifically, will you have to pay federal gift tax on any money you give away before your death? How Federal… Read More »