In WA, for state taxation purposes,
gifting is unlimited, but whatever stays in a person’s estate at their death is taxed after subtracting the exemption. And this exemption is much lower than the federal one.
In WA, for state taxation purposes,
gifting is unlimited, but whatever stays in a person’s estate at their death is taxed after subtracting the exemption. And this exemption is much lower than the federal one.