Maximizing Gift Tax Threshold  A Comprehensive Guide to Utilizing Your Lifetime Allowance - video Dailymotion

Jake Claver

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00:00the sooner you gift your stuff the better really because then you have the full amount of your

00:05lifetime gift tax threshold that you can use beyond that you will need to fill out i think

00:11it's 709 is the form when you do gift into the trust to start the business you're you know using

00:19the assets as the capital contribution there's no step up in basis or change in time frame held

00:26those assets just transition into the business especially if you are

00:30the sole owner and you're the one making the contributions if you are going to give other

00:34people equity in the cap table you know they they should be contributing whatever percentage you're

00:39giving them

Maximizing Gift Tax Threshold A Comprehensive Guide to Utilizing Your Lifetime Allowance

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