The annual gift tax exclusion for 2026 is $19,000 per recipient, up from $18,000. Married couples can gift $38,000 per recipient through gift-splitting. Gifts at or below this amount don’t count against your lifetime exemption and don’t require filing Form 709.
Direct payments for someone’s medical or tuition expenses are unlimited when paid directly to the provider, so they don’t count against the exclusion either. Annual gifting is a simple way to transfer wealth to family while reducing your taxable estate over time.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
