Question content area Part 1 Gifts. How can you use annual gifts to reduce the tax burden on your heirs? Part 2 You can gift up to ▼ per year to each of your heirs. This amount is indexed to inflation so it will ▼ over time. If you are married you and your spouse can each gift ▼ to each heir for a total gift of ▼ annually. The gifts are not taxable to your heirs and they ▼ the size of your estate. Using this strategy ▼ the size of your estate and shelters the gifted funds from taxation. (Select from the drop-down menus.)
Added by Robert M.
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As of 2023, you can gift up to **$17,000** per year to each of your heirs. Show more…
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