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04-08-2025, 05:28 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,864
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Thanked 5,095 Times in 1,951 Posts
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Quote:
Originally Posted by dewilson58
As things stand now, in 2025, you can transfer up to $13.99 million free of taxes during your lifetime and after your death ($27.98 million for married couples).Jan 13, 2025
Almost $30mil for a married couple.........................Not a significant number of people that will be polluting their children and impacting society.
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Don't forger the annual gift tax exclusion. $19K/donee in 2025. Gift Tax: 2024-2025 Exemptions and Limits - NerdWallet
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