Gold Gifts To Family Instead Of Tax Collectors
One of the most popular uses of gold in the U.S. is as a gift from one generation to the next. Under current tax law, you are allowed to give gifts of up to $10,000 per recipient per year without any tax obligation. Although this strategy is most popular with older people looking to reduce their taxable estate, it is suitable for anyone who wants to put some wealth in the hands of younger generations while they can still appreciate it.
Not only do annual gifts remove a potential tax obligation from your estate, but the gift itself can mean a lot to members of the younger generation. Younger people can actually shape their own savings plan around an annual gift, and know that they will always have that ‘something extra’ to fall back on if necessary.
We have a $10,000 gift portfolio which contains a complete set of the current year gold Eagles, along with a quantity of the cost-efficient one ounce gold Eagles, all shipped in a small wood presentation box. By making this a yearly gift, a complete set of each year’s gold Eagles in all sizes is built for the recipient.
Not only will they be impressed with these beautiful gold coins, but also with your generosity.
And, with the giving of this golden gift package, you have the satisfaction of keeping this money entirely out of the hands of Uncle Sam. And that’s a pretty nice warm feeling itself.
In addition to having really strong bids on gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins. We have especially strong bids for old US gold coins.
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