Roger Levine
Roger Levine
extent gift taxable
It's a taxable gift only to the extent that it reduces your allowable (lifetime) exemption,
percent
I can give you 15 percent (of the partnership), and it's still a $10,000 gift.
trouble
If the will is 12 years old, you're going to have trouble.
respond
You must respond to the notice. Don't put it off,
couple unequal
Typically, a couple will come in with unequal assets.