Is there a Gift Tax on Gifts Between Spouses?

There isn’t a gift tax on gifts from you to your spouse anymore! However, there are other taxes to look out for when you transfer assets between spouses. Lee goes over what to watch out for and look up.

0:00 Old rule
0:44 New deed trigger higher tax in CA
1:30 Gift tax exemption
2:08 Split gift
2:52 Workaround: trust

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