How much money can a husband gift his wife?
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How much money can a husband gift his wife?
If you’re married, you and your spouse can each make an annual tax-free gift. In other words, you and your spouse together can give every recipient up to $28,000 per year. If you give a gift worth more than the annual exclusion amount, you won’t necessarily need to pay any tax on the gift.
Can I transfer my demat account to my wife?
Yes, you can transfer shares from any account to your account by giving off-market delivery instructions slip to holders DP. There are some minimum charges to transfer the shares.
Can you have 2 demat accounts?
Yes, You can have two Demat Accounts or for that matter, any number of Demat or Trading Accounts.
How do I transfer shares from father to son?
Yeah, you’ve mentioned both the options:Change share certificate to your name and then dematerialize to your Demat. Steps as you’ve mentioned.Open Demat in dad’s name, dematerialize into his Demat and then have the shares transferred to your Demat using DIS. You can avoid the RTA process.
