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 CT 706 709 EXT, Application for Estate and Gift Tax Return CT Gov 2020

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many folks want to give money to their children or grandchildren as an early inheritance but are not sure if this will cause a tax problem today we're going to discuss how the estate tax exclusion Works how you can gift money annually to a person and how you can give to multiple people in one year hey there it's Anthony and Alex with one degree advisors and we help you gain confidence in your retirement so Alex many folks they want to make gifts to the Next Generation to their children and grandchildren but they want to do it without paying tax they want to do it simple if they can and it's important to remember when we say you know making gift we don't mean making a qualified charitable gift gifts to a qualified 501c3 can be tax deductible and there's no limit really on how much you can give gifts to a non-qualified charity such as like just a an individual itself is not tax deductible that's right so if you're giving to an organ

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