When people establish an estate or designate a gift, they are doing so with good intentions. However, they may not always be informed about related tax consequences for the recipient. It’s important to know the dollar limitations and amounts that qualify as a tax-free gift, and when t
Richard Adams is a graduate of Benedictine College in Atchison, Kansas, with dual majors in Accounting and Business Administration. He is also a graduate of Wentworth Military Academy in Lexington, Missouri.