However, our opinions are our own. See how we rate tax products to write unbiased product reviews. Federal gift tax may apply when someone gives a gift — of cash or any other type of property ...

a $75,000 gift will not trigger the federal gift tax. Using this for a down payment also does not affect the result. A financial advisor with estate planning expertise can help you navigate the ...

There will always be uncertainty about the future of taxes. In this case, however, you have the opportunity to act now and reap the benefits long term. The TCJA provides for an estate and gift tax ...