Estate Taxes

As of January 1, 2017, the lifetime exclusion amount is $5,490,000. This means if you die in 2017, you can gift that amount during your lifetime and pay no estate taxes.  For married couples, the amount is $10,980,000.

Annual Gift Tax Exclusion

In 2017, you may gift up to $14,000 per year per individual without triggering the gift tax.