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Home→Tags PEF 5603(a)(2)

Tag Archives: PEF 5603(a)(2)

Gifts by Agent in Excess of Annual Exclusion

When a power of attorney provided for “limited gifts” to persons “my attorney reasonably considers to be the natural objects of my bounty,” the agent should be surcharged for gifts that exceed the federal gift tax annual exclusion amount, but … Continue reading →

Posted in Opinions | Tagged PEF 5601.2(b), PEF 5603(a)(2)

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