Explore the complexities of gift taxes with Bethel Law, as we break down why the government monitors monetary gifts, the significance of the $18,000 exemption, and the reporting process for exceeding this limit. This article provides a comprehensive guide to understanding and complying with gift tax laws, designed for anyone navigating the realms of estate planning, finance, and taxation.

00:00 Intro
00:23 Why Should the Government Care Who You Give Money To?
02:46 Who Has $18,000 to Give Anyway?
04:24 How to Report a Potential Gift Tax

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Disclaimer
Viewing this video does not create the expectation of an Attorneyclient relationship. The information from this video is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation.