2024 Gift Tax Exclusion Lifetime. Strategies such as trusts can also help mitigate potential gift taxes. You can, for instance, use the annual gift tax exclusion — $18,000 in 2024, $36,000 for couples — to make yearly gifts to as many people as you like.
The federal lifetime gift and estate tax exemption amount will increase to $13.61 million per person and $27.22 million per married couple next year. “there are also what are sometimes.
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