Timeline for If i'm a cosigner on my dad's bank accounts but my sister isn't, how do I ensure my sister can get 50% of the money without owing taxes?
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| Feb 28 at 2:47 | comment | added | dave_thompson_085 | Nit: the lifetime exclusion is gifts over the yearly exemption PLUS estate if you leave one. And the amount is scheduled to revert to ~6.5m plus inflation in less than two years, if OP lives that long as seems likely -- and Congress doesn't change the scheduled reversion, which is much harder to predict. | |
| Feb 27 at 22:03 | history | answered | codeMonkey | CC BY-SA 4.0 |