Gift, Estate, and GST Tax

Free CFP Exam lesson in Estate Planning. 19 min read, ~2,812 words.

The gift and estate tax share one unified $15,000,000 exemption (2026, made permanent by OBBBA). Adjusted taxable gifts are added back for bracket integrity, not to double-tax. Annual exclusion is $19,000 per donee per year; gift-splitting doubles it to $38,000 but requires both spouses to file Form 709. GST tax...