Gold Gifts To Family Instead Of
One of the most
popular uses of gold in the U.S. is as a gift from one generation to the
next. Under current tax law, you are allowed to give gifts of up to
$10,000 per recipient per year without any tax obligation. Although this
strategy is most popular with older people looking to reduce their
taxable estate, it is suitable for anyone who wants to put some wealth
in the hands of younger generations while they can still appreciate it.
only do annual gifts remove a potential tax obligation
from your estate, but the gift itself can mean a lot
to members of the younger generation. Younger people
can actually shape their own savings plan around an
annual gift, and know that they will always have that ‘something extra’ to
fall back on if necessary.
have a $10,000 gift portfolio which contains a complete
set of the current year gold Eagles, along with a quantity
of the cost-efficient one ounce gold Eagles, all shipped
in a small wood presentation box. By making this a
yearly gift, a complete set of each year’s gold Eagles
in all sizes is built for the recipient.
Not only will they be
impressed with these beautiful gold coins, but also with your
with the giving of this golden gift package, you have
the satisfaction of keeping this money entirely out
of the hands of Uncle Sam. And that’s a pretty nice
warm feeling itself.