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If I sign my assets over to my children now, will they have to claim as income and be taxed?
by R. Dennison Keller, Lawyer Referral Service Panelist If you give assets to your children, it will not be income to them. It is a gift. The gift will not be taxable per se unless the gift exceeds $14,000 and … Continue reading →
Posted in Wills/Trusts/Other Probate
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Tagged cba, Cincinnati Bar Association lawyer referral, estate tax, gift tax, gifting assets, lawyer referral service, Trusts, wills
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