From a newsleter:

Gifts for family

One of the most important of the opportunities that will disappear is the ability to make tax-exempt gifts to family members of up to $5, 120,000.

On January 1, 2013 this tax exemption amount drops to only $1 million.

What that means, in effect, is if you have a significantly sized estate, you now have an opening to pazss down some of the estate to your family without having to give a large share of it to the government.

Starting next year, estate and gift taxes kick back in, with rates rising as high as 55%.

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Granted not a problem to most people, but if you did get lucky and hit a jackpot.............