The purpose of a gift in trust is to avoid gift/estate taxes, as there is a lifetime gift/estate tax exemption limit. For 2025, that limit is $13.99 million. There's also an annual gift exclusion ...

Donor-advised funds and qualified charitable distributions have grabbed the spotlight for charitable giving under the new tax ... gift annuities in charitable giving; the council publishes rate ...

However, both the gift tax and estate tax only apply to very wealthy households. That’s because, throughout your life, the IRS allows you to give away a certain amount of money and assets free ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...