Just to confirm, one spouse can write a single gift check from a joint account with their spouse for $38,000 to a recipient and form 709 does not need to be filed including Part III a notice of consent? Assuming no other gifts have been made to the recipient. Can you point me to where I can find that written somewhere? This web site seems to say otherwise. https://www.northerntrust.com/united-states/institute/articles/new-rules-spouses-elec[product key re... Maybe things changes for 2025?
Thanks
