The annual gift tax exclusion rises to $19,000 per recipient, up $1,000 from last year's limit. (These are the numbers you'll refer to when planning your 2025 tax liability, ...

The gift tax is a federal tax set by the Internal Revenue Service (IRS). For tax year 2025, any gifts that exceed the lifetime gift tax exclusion limit of $13.99 million are subject to the gift ...

Gift taxes can be up to 40% if you plan on passing along a lot of money before you die. Here are a few ways to avoid gift taxes and increase how much you can give over you lifetime: 1.

Annual gift tax exclusion: The exclusion rises to $19,000 per done in 2025. For example, married couples with multiple relatives can gift up to $266,000 in total without triggering a gift tax return.

Charitable Gifts: Gift tax charitable deductions are unlimited so long as the recipient is a federal, state, or local government for public use, a 501(c)(3) ...

The gift tax can apply to both cash and noncash gifts. If you receive a noncash gift, you may end up paying a capital gains tax on a portion of its value even if it falls below the gift tax exclusion.

Capital gains tax rates might be lower than the gift and estate tax rate, but how you handle your estate can make a big difference in taxes owed. Kiplinger. Save up to 74%.

This article explores the legal and tax aspects of charitable pledges, emphasizing enforceability, donor commitments, and ...

The primary goal of estate planning is transfer of assets – money or property – from a donor to a beneficiary. One aspect of ...

Gift taxes can be up to 40% if you plan on passing along a lot of money before you die. Here are a few ways to avoid gift taxes and increase how much you can give over you lifetime: 1.