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Beginners Board
Receiving Cattle as a Gift
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<blockquote data-quote="HerefordSire" data-source="post: 705202" data-attributes="member: 4437"><p><em>That doesn't sound right. By giving as a gift to a child if over the net worth threshold, the parent avoids the 50% estate tax rate for the sum of the gift is lieu of the child's tax rate which is usually lower when parent death occurs.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 705202, member: 4437"] [i]That doesn't sound right. By giving as a gift to a child if over the net worth threshold, the parent avoids the 50% estate tax rate for the sum of the gift is lieu of the child's tax rate which is usually lower when parent death occurs.[/i] [/QUOTE]
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Receiving Cattle as a Gift
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