AboutLic.Gregory Kearney Lawson Expertise All questions regarding retiring oversees, mainly in Costa Rica, pensionado, rentista and other permanent residencies, also investment opportunities, real estate investments and tax shelters.
Experience Relocation services, Attorney at Law, Real Estate Broker and Immigration expert for over 15 years.
Organizations Lions Club, Community developement association, Masonic Lodge, Costarrican Barr Association
Publications Numerous newspapers and magazines and television interviews.
Education/Credentials University of Central America( Santo Tomas of Aquino),University of Costa Rica, Glendale College, Lumbleau Real estate School.
Awards and Honors ExPresident of the community developemnt association, Presidential candidate of the Barr Association in Costa Rica, Municipal delegate for the Municipality of San José.
Question Hi,
My mother has a lot of money and she is starting to think of giving some to her chidlren. How much can she gift to her children per year without tax consequences to giver or recipient? Is it better to keep it all in the estate to divide when she dies or to start spreading it out now.
I am not sure in the USA, because I specialize in Costa Rica however, I believe distributing it when alive will save her money on estate costs and fees.
One way is to start a new anonymous corporation in Costa Rica, which is quick and easy to do, then transfer money to the corporation in Costa Rica, this will not be taxed, the shares of the corporation can be divided among her and her children.
For more details you can write to me.