Legal Question in Wills and Trusts in Indiana
Mother wanting to gift fund to children and wonders how much can be gifted non taxable per year and what forms does she need.
Asked on 2/02/15, 11:53 am
1 Answer from Attorneys
Jay Rigdon
Rockhill Pinnick LLP
Do NOT take any steps to do this without Mother talking to an attorney regarding this. She can inadvertently foul things up; it is worth paying for a consultation to avoid tax liability down the road.
Answered on 2/02/15, 12:05 pm