2025 Gift Tax Exemption. Looking forward to 2025, the irs recently announced that the annual gift tax exclusion will increase to $19,000 per individual, while the lifetime estate and gift tax exemption will rise. In a significant update for estate planning and wealth management, the internal revenue service (irs) has announced an increase in the estate and gift tax exemption for 2025.
Key expectations include tax parity for resident investors, inclusion of non. After 2025, the higher estate and gift tax exemption enacted by former president donald trump will sunset without action from congress.