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, ...

For tax year 2025, any gifts that exceed the lifetime gift tax exclusion limit of $13.99 million are subject to the gift tax, and any gifts over $19,000 must be reported to the IRS via Form 709.

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 ...

Learn tax-efficient gifting strategies, including definitions and tips for various cases. Find the basics of gift taxes and estate planning considerations.

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