Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they ...

Are you considering giving cash or property to loved ones or others this year? Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns. Here’s what ...

Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal gift tax.

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.

Tax season isn’t the most joyful time of year, but it’s certainly one of the most important. With the filing deadline ...

“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...

as there is a lifetime gift/estate tax exemption limit. For 2025, that limit is $13.99 million. There's also an annual gift exclusion limit—the most you can give in 2025 without reporting it to ...

Start with Reviewing Your Financial Assets and Estate Plan Tax season is not just a time to fulfill obligations to the IRS; ...

The annual gift tax exclusion for tax year 2025 will increase to $19,000. Talk with a tax professional or a trusted retirement advisor if you’re gifting more than the allowable amount or looking ...

Then, the remaining 90% of the partnership will make annual distributions to the trust ... unbiased content in our editorial policy. The Tax Adviser. “Using a Crummey Trust to Preserve Gift Tax ...