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 announced increases in gift and estate tax exemptions for 2025. The lifetime gift/estate tax exemption is projected to be $7 million in 2026.
2025 Lifetime Gift Tax Exemption Images References :
