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Gift Tax Exemption

Published on November 10th, 2017

Family members may want to assist in the move to a memory care community. One way would be to take advantage of the IRS gift tax exemption. Individuals can gift up to $14,000 per person each year without having to pay any taxes on such gifts. However, contact your personal financial advisor or tax professional; these individuals can assist you in finding out how this may benefit both you and your loved one.

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Are you interested in learning more about Parkland Memory Care and the services we offer?

(480) 384-9159

3500 S Arizona Ave
Chandler, AZ 85248

chandler assisted living