A serial gift strategy uses multiple gifts to maximize the value of the annual exclusion.

Question

Quizplus · Accepted Answer

A serial gift strategy involves giving multiple gifts (usually small ones) over a period of time to maximize the value of the annual exclusion, which is the maximum amount that can be given tax-free to each recipient each year. By spreading out the gifts, the donor can stay within the annual exclusion limit while still being able to give a significant amount over time.

A Serial Gift Strategy Uses Multiple Gifts to Maximize the Value