Telomerase, also called terminal transferase, is a ribonucleoprotein that adds a species-dependent telomere repeat sequence to the 3' end of telomeres. A telomere is a region of repetitive sequences at each end of a eukaryotic chromosomes in most eukaryotes.
There are two limits for tax-free gifts: an annual ceiling of $13,000 to any one person, and a separate $5 million lifetime limit. Compromise legislation passed in 2010 set the tax exemption limits and indexed them for inflation, but the legislation is due to expire at the end of 2012, so the limits could change.
Conceptually, the annual exclusion gift is rather straightforward: Anyone can give anyone â relatives, friends, and even strangers â annual gifts of up to $14,000 a year without the recipients having to pay taxes. The gift limit was raised to $14,000 this year from last yearâs $13,000.