Hackl: Gift of LLC Units Does Not Qualify for Annual Tax Exclusion

BVResearch Pro
Willamette Insights
November 1, 2002
Paul Carlin

Summary

In 1995 and 1996, Albert J. Hackl Sr. and Christine M. Hackl (husband and wife taxpayers) each made gifts to their adult children, their childrenÆs spouses, and grandchildren. The gifts were membership units (i.e., ownership shares) in Treeco, LLC, an I ...
Hackl: Gift of LLC Units Does Not Qualify for Annual Tax Exclusion
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