Tax Rates
Discover how tax rates affect estate planning strategies. Learn about federal exemptions, gift tax limits, and timing decisions to minimize tax burdens on we...
How much can I give away tax-free before estate taxes kick in?
You can give up to $19,000 per person per year without using your lifetime exemption. Beyond that, you can transfer up to $15,000,000 during your lifetime or at death before federal estate taxes apply. Married couples can effectively double this to $30,000,000. Any amount above these thresholds gets taxed at up to 40%, making strategic planning essential for larger estates.
