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ESTATE PLANNING QUESTIONNAIRE FOR Couples use by: The Law Office of Edward Degrees 21 Custom House Street, Suite 480 Boston, MA 02110 T: (617× 7379100 F: (617× 7379123 www.fegreuslaw.com info×fegreuslaw.com
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www.fegreuslaw.com/probate-and-estate-blog/tag/gift-tax/probate-and-estates is a website section dedicated to providing information about gift tax, probate, and estate matters.
Individuals who have received or given gifts above a certain threshold, or those involved in probate and estate matters may be required to file gift tax returns.
To fill out the gift tax forms, one must gather information about the gifts given or received and follow the instructions provided by the IRS.
The purpose of gift tax returns is to report gifts exceeding the annual exclusion amount and to determine any gift tax owed.
On gift tax returns, one must report details about the gifts given or received, the fair market value of the gifts, and any applicable exclusions.
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