See Also: Gift-Splitting(law)
Gift splitting(finance)
Gift splitting(money)
Splitting(health)
splitting(dictionary)
Splitting(medicine)
ear-splitting(dictionary)
splitting(2)(dictionary)
splitting(1)(dictionary)
Tight money or dear money(finance)

Gift splitting (money)


Definition: [crh] A technique used to avoid a gift tax in which a large sum of money to be given by two parents to a child is halved and given to the child seDefinition: parately For example, a husband and wife each donate $10,000 to their child rather than one parent donating $20,000.