LSAJ Forum

The Gift Tax Exclusion of 2025 permits the ability of a person to give some amount, which is supposed to be approximately 18,000 or even higher per recipient, without submitting a federal gift tax form. This exclusion allows people to transfer wealth in a gradual manner without their lifetime exemption. Gifts may be split between married couples, which increases the amount that may be given to a day by a year. The exclusion extends to cash or property and even payment of some expenses, e.g. tuition or medical bills paid directly to providers. The annual exclusion, which is used every year, assists in decreasing the quantity of a taxable estate and save the lifetime exemption of a taxpayer.

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