2025 Gift Tax Exemption. This would subject more assets to. This generally means that an estate of a decedent who dies in 2025 with combined assets and prior taxable gifts in.
This beneficial increase is scheduled to sunset at the end of 2025, meaning the exemption will revert to 2017 levels (adjusted for inflation). 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.