Legal Question in Tax Law in Massachusetts
My mother gifted me $14,000.00 this year, can I spend that right away or do I have to wait any length of time before I do?
Asked on 4/23/13, 4:30 pm
1 Answer from Attorneys
Unless there is a restriction on the gift by your mother, you can spend it as quickly as you want.
Answered on 4/23/13, 5:23 pm
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