2025 Lifetime Gift Tax Exemption
2025 Lifetime Gift Tax Exemption. The irs has announced a higher estate and gift tax exemption for 2025. Your clients can now contribute significantly to irrevocable trusts and/or make substantial gifts without incurring taxes due to the increase in the lifetime estate and gift exemption to $13.99 million for individuals and $27.98. The irs recently […]
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