Gifting can be an effective way to reduce estate taxes

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Reference no: EM131054637

Gifting can be an effective way to reduce estate taxes but not all gifts are tax free. Successful estate planning depends on a thorough understanding of the gift transfers, both direct and indirect, and their tax implications.

Choose a type of indirect gift and describe it. Then determine whether or not this gift is excluded from gift taxation. Why or why not? Be specific.

Reference no: EM131054637

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