What constitutes a “large” gift can be relative. That being said, if you are considering giving cash or property to someone, a little bit of planning can really help avoid negative consequences.  This is particularly true if the gifted amounts are over $15,000.00, will be gifted in property, will be gifted on a regular basis, or if the gift givers — whether parents or grandparents — hold assets that are over $11 million. There are several options you have available to you and your family should you want to provide a large financial gift to your children or grandchildren.
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