If I am given allot of money as a gift, do I have to pay taxes?

my father in law is trying to get rid of some of his money so we dont have to pay as much inheritance tax after he passes. or:my father in law is try

my father in law is trying to get rid of some of his money so we don't have to pay as much inheritance tax after he passes.

or:my father in law is trying to get rid of some of his money so we don't have to pay as much inheritance tax after he passes.

or:People can get into trouble for giving you legal advice without a license. You can ask a tax preparer, or a banker, or you can call an IRS office and they will read the law to you. (No advice, only read the law.)

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