$16,000 gift exclusion

I know you can give anyone a gift of $16,000 per year but can you gift that amount to an irrevocable trust inwhich I am the trustee?

posted

Connect with an expert

1 Reply

$16,000 gift exclusion

Who is/are the beneficiary/beneficiaries?

A gift in trust is deemed to be a gift to the beneficiaries.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post