Close
Updated:

2009 Annual Gift Tax Exclusion $13000

The 2009 IRS annual gift tax exclusion is increasing form $12,000 to $13,000 for 2009.

This increase means that more money can be given away for estate tax planning purposes. For example, a married couple with two married children will be able to give away up to $104,000 in 2009 with no gift tax implications.

To discuss other ways of moving funds to your family or friends in order to reduce the effects of estate taxes, Contact a Florida Estate Planning Lawyer

Ask a Lawyer Now