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Reverse Mortgage- why do one?
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Boone & Crockett
Posted 2/25/2021 20:37 (#8858397 - in reply to #8858304)
Subject: RE: Reverse Mortgage- why do one?


The only significance the 15 grand limit carries is it can be transferred without a gift tax exemption filing. Big deal. A person can gift any portion above that figure and have it be deducted from their lifetime unified credit exemption.

Edited by Boone & Crockett 2/26/2021 04:21
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