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Ellen, Attorney
Category: Business Law
Satisfied Customers: 36714
Experience:  25 years of experience helping people like you.
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I am interested in becoming involved in a private gifting activity. Is

Resolved Question:

I am interested in becoming involved in a private gifting activity.
Is this legal?
Submitted: 5 years ago.
Category: Business Law
Expert:  Ellen replied 5 years ago.

Thank you for your question. I am happy to assist you.

I am a lawyer with 25 years experience. While I am permitted to provide you with legal information, I am prohibited by and various state bar associations from giving legal advice, representing you or entering into an attorney-client relationship through this open and nonconfidential forum.

Private gifting is a legal activity.An individual can give a gift up to $12,000 per recipient each per calendar year without any gift tax liability.

I hope that it helps to know this information

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