Legal Question in Elder Law in Pennsylvania

How much money can I give to my son and to my daughter-in-law each year without a tax penalty.?

Asked on 7/23/10, 10:49 am

1 Answer from Attorneys

0 users found helpful
0 attorneys agreed

$13,000 to each for a maximum of $26,000 for 2009.

See You should speak to your CPA or tax attorney about this.

Read more
Answered on 7/27/10, 11:47 am

Related Questions & Answers

More Elder Law questions and answers in Pennsylvania

Looking for something else?

Get Free Legal Advice

88953 active attorneys ready to answer your legal questions today.

Find a Legal Form

Browse and download our attorney-prepared and up-to-date legal forms from $4.99

Find a Form

Featured Attorneys

Anthony SmithLawSmithLee's Summit, MO
Timothy McCormickLibris Solutions - Dispute Resolution ServicesSan Francisco, CA
Rahul Manchanda, Esq.Manchanda Law Office PLLCNew York, NY
Find An Attorney

Are you an Attorney?

Earn additional revenue and grow your business. Join LawGuru Now