{"id":2721,"date":"2015-01-16T09:35:46","date_gmt":"2015-01-16T14:35:46","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=2721"},"modified":"2017-06-22T12:04:15","modified_gmt":"2017-06-22T16:04:15","slug":"gifts-agent-excess-annual-exclusion","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=2721","title":{"rendered":"Gifts by Agent in Excess of Annual Exclusion"},"content":{"rendered":"<p>When a power of attorney provided for &#8220;limited gifts&#8221; to persons &#8220;my attorney reasonably considers to be the natural objects of my bounty,&#8221; the agent should be surcharged for gifts that exceed the federal gift tax annual exclusion amount, but should not be surcharged for limited gifts to a daughter&#8217;s son, her son&#8217;s wife, her step-son, or her step-son&#8217;s wife, even though those persons were not beneficiaries under the principal&#8217;s will.\u00a0 <em>In re: Betty J. Fiedler<\/em>, 132 A.3d 1010,\u00a0<a href=\"http:\/\/www.pacourts.us\/assets\/opinions\/Superior\/out\/J-E03003-15o%20-%201024941475919537.pdf\" target=\"_blank\" rel=\"noopener\">2016 PA Super 3<\/a> (1\/5\/2016) (<em>en banc<\/em>; applying statutes in effect before Act 95 of 2014), <a href=\"http:\/\/www.pacourts.us\/assets\/opinions\/Superior\/out\/J-A22019-14o%20- 1020777653022452.pdf\">2015 PA Super 10<\/a> (1\/16\/2015) (decision of three judge panel), <em>aff&#8217;ng in part and rev&#8217;g in part<\/em>, <i>Betty J. Fiedler, In re<\/i>, 4 Fid. Rep. 3d 90 (O.C.\u00a0Lanc. 2013) (Opinion by Hoberg, J.).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When a power of attorney provided for &#8220;limited gifts&#8221; to persons &#8220;my attorney reasonably considers to be the natural objects of my bounty,&#8221; the agent should be surcharged for gifts that exceed the federal gift tax annual exclusion amount, but &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=2721\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[34],"tags":[356,357],"class_list":["post-2721","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-pef-5601-2b","tag-pef-5603a2","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/2721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2721"}],"version-history":[{"count":5,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/2721\/revisions"}],"predecessor-version":[{"id":4778,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/2721\/revisions\/4778"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}