California  |  Wills and Trusts

Legal Question

Asked on: 5/19/13, 9:33 am

Does gifts given to minors under UTMA quality as part of the annual gift exclusion limit, even if the gift is minority interests in a partnership (LLC)? Are there situations where gifts under UTMA do not quality for annual gift exclusion limit?

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

125 Answers given in the last few hours.

8663 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search