Common use of Gift Tax Clause in Contracts

Gift Tax. If you elect during your lifetime to have all or any part of your account payable to a Beneficiary at or after your death, the election will not subject you to any gift tax liability.

Gift Tax. If you elect during your lifetime to have all or any part of your account Account payable to a Beneficiary at or after your death, the election generally will not subject you to any gift tax liability, but you should check with your tax advisor regarding estate tax consequences.

Gift Tax. If you elect during your lifetime to have all or any part of your account payable to a Beneficiary beneficiary at or after your death, the election will not subject you to any gift tax liability.

Gift Tax. If you elect during your lifetime to have all or any part of your account Account payable to a Beneficiary at or after your death, the election generally will not subject you to any gift gift-tax liability, but you should check with your tax advisor regarding estate tax consequences.