For both 2020 and 2021, the annual gift-tax exclusion is $15,000 per donor, per recipient. A giver can give anyone else—such as a relative, friend or even a stranger—up to $15,000 in assets a ...

More recently, the 2017 Tax Cuts and Jobs Act, doubled the estate and gift tax exclusion amount to $10 million, adjusted for inflation, so that for decedents dying and gifts made in 2020 the ...

For 2020, seven states and D.C. are ushering in changes to their estate and inheritance tax laws: Some tweaks keep up with inflation, but others could save—or cost—taxpayers hundreds of ...