Estate And Gift Tax Exemption 2025 Changes. Absent action from congress to extend the expiring tcja provisions, the federal gift and estate tax exemption will be reduced from $13.99 million to $5 million, indexed for inflation. In 2025, significant changes loom on the horizon, marking a critical moment for estate planning.
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. However, these provisions are set to expire.