For gift tax purposes,a property settlement in consideration of marriage (i.e.,prenuptial agreement) is treated the same as a property settlement incident to a divorce.

Question

Quizplus · Accepted Answer

A property settlement in consideration of marriage is not treated the same as a property settlement incident to a divorce for gift tax purposes. The former is considered a gift, while the latter is generally not subject to gift tax.

For Gift Tax Purposes,a Property Settlement in Consideration of Marriage