> Simpler loophole: you gift it to them, then they gift it back at the end of th... | Hacker News

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		thaumasiotes on April 2, 2021 \| parent \| context \| favorite \| on: IRS guidance for thieves, drug dealers, and corrup... > Simpler loophole: you gift it to them, then they gift it back at the end of the term. This is a terrible "loophole"; it eats into your estate tax allowance.

gher-shyu3i on April 3, 2021 [–]

Depends on how much money you have. I'm sure the extremely rich have ways around it and better loopholes to pick from.

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