Grant Thorton – Gifts from women topped those from men by almost $5 billion in 2005, the last year for which the IRS includes gender information in its publicly available gift tax return data. There is some evidence that women may not be exploiting sophisticated tax planning options, such as trusts, as often as men. The data shows that 26 percent of men make their gifts through trusts, while only 22 percent of women do. Women were more likely to give cash, as opposed to assets that could appreciate or qualify for valuation discounts. Almost 72 percent of women’s gifts came from cash and real estate, compared to only 67.3 percent for men. Patrick’s 2 cents – certainly true in my household….my wife gives more naturally and less efficiently.
Filed under: Giver , statistics; women
