Question

Tanya has money that she wants to leave to her grandchildren after she dies, but she doesn't want them to have to pay an inheritance tax. What

is the BEST way for Tanya to leave money to her grandchildren tax-free?
OA. Put all of her money into a 401k.
OB. Start gifting each of them $15,000 per year now.
OC. Put all of her money into stocks and bonds.
OD Start gifting each of them $25,000 per year now.

Answer 1

B. Start gifting each of them 15k per year now.

Explanation: 15k is the max amount of money you can gift someone per year without taxation!

Every other answer besides B would require some sort of tax to pay!

Answer 2

B. Start gifting each of them $15,000 per year now.

Step-by-step explanation:

$15,000 is the max amount someone gave give out per year without getting taxed.

Every other answer choice would require some sort of tax!