Gift Tax Rules Reviewed

Robert F. Munoz, DEMLP Partner and head of the firm’s Estate and Tax Planning Practice,  was recently quoted by Times of Trenton columnist, Kurt Rossi, in his helpful article, “New Gift Tax Rule Applies for 2018.” Among the topics, taxpayers often incorrectly assume that they are only able to gift $15,000 per person per year without triggering taxes to the donor or the donee.  This issue and others are addressed in the informative article.