Tax Implications

Learn about tax implications in estate planning. Discover how trusts and strategic planning may help minimize tax burdens on your family's inheritance.

How much can I give away without paying gift taxes?

You can give up to $19,00026 USC § 2503(b); Rev. Proc. 2025-32 § 4.42Verified Jul 13, 2026View source per person per year without triggering gift tax requirements or using your lifetime exemption. This means a married couple can give $19,00026 USC § 2503(b); Rev. Proc. 2025-32 § 4.42Verified Jul 13, 2026View source each to the same person in one year. Gifts above this amount require filing a gift tax return, though you likely won't owe taxes until you exceed the lifetime exemption of $15,000,00026 USC 2001(c), 2010; P.L. 119-21 §70106Verified Jul 13, 2026View source. Strategic gifting can help reduce the size of your taxable estate over time.