The amount that each person can give away during life or at death will increase from $13.99 million to $15 million as a result of the One Big Beautiful Bill Act, which was signed into law on July 4, 2025. In this file photo, President Donald Trump signs executive orders in the Oval Office of the White House.

Q: What, if anything, is changing with the estate and gift tax laws in 2026?

A:The amount that each person can give away during life or at death will increase from $13,990,000 to $15,000,000 as a result of the One Big Beautiful Bill Act, which was signed into law on July 4, 2025. Starting in 2027, the $15,000,000 amount will be indexed for inflation, meaning the amount of property each person can give away will increase at the start of each year.

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