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Cattle Boards
Beginners Board
Receiving Cattle as a Gift
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<blockquote data-quote="Brute 23" data-source="post: 705204" data-attributes="member: 6291"><p>It is not a tax write off. The giver is just trying to lower their net worth or income. By giving it away they can, as already said, avoid nursing homes getting it or large amounts of taxing at death.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 705204, member: 6291"] It is not a tax write off. The giver is just trying to lower their net worth or income. By giving it away they can, as already said, avoid nursing homes getting it or large amounts of taxing at death. [/QUOTE]
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Receiving Cattle as a Gift
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