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August 28, 2012 10:35 pm at 10:35 pm
#893478
popa_bar_abba
Participant
You can’t avoid estate and gift tax by giving it during life in trust or any other way.
The only way to avoid gift tax is to give less than 13k to one person in a year.
There used to be a trick where you would give it directly to your grandchildren so that it wouldn’t be taxed again when your kids died. But that is closed by the Generation Skipping Tax (GST).