Lifetime Gift And Estate Tax Exemption 2025

Lifetime Gift And Estate Tax Exemption 2025. Speaking of the lifetime exemption, the estate and gift tax exemption will be $13.99 million per individual for 2025 gifts and deaths, up from $13.61 million in 2024. The lifetime gift tax exemption is the amount of gifts that can be made over a person’s lifetime without paying gift tax.

The lifetime gift tax exemption is the amount of gifts that can be made over a person’s lifetime without paying gift tax. This essentially allows a u.s.