Wondering if you’ll owe federal gift tax in 2025? You’re probably in the clear. Most people never pay the gift tax thanks to generous annual and lifetime ...

Key changes in estate and gift tax exemptions and valuation rules for 2025 offer expanded benefits, though some are temporary: Estate and gift tax exemption: The lifetime exemption rises to ...

The Internal Revenue Service has announced a higher estate and gift tax exemption for 2025. The "basic exclusion amount" rises to $13.99 million per person in 2025, up from $13.61 million in 2024, the ...

Gift tax: The exclusion limit for 2025, how it works and who has to pay By Andrea Coombes, CFP® Bankrate.com (TNS) Jun 28, 2025 0 ...

My husband and I have started giving money to my sister to help her out. It’s going to be about $30,000 a year for the next ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. As Congress debates the “Big Beautiful Bill” — the next round of significant ...