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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op,

How much money do you have?
$14m? Then you have enough to talk to an estate attorney. [/quote]

Actually if it's a couple and they have 2 children, they can each gift up to $13 million to each child before triggering gift/estate taxes. So it would take $52 million to be relevant.

A few states do have estate taxes, though.[/quote]

Nice try, but you cannot gift $13m to EACH kid.

You are thinking about the yearly gift allowance.  Where you can gift $18K to each family member (or anyone) and each spouse can do it. So if you have 2 kids, each are married, then you can gift $36K to each kid and $36K to their spouses. ($144K),  And the same $36K to each grandkid

That is what we do already.  Simple way to spend down while alive, and let the kids/grandkids use it when it matters most (20/30s for kids and the GK from birth onwards---knowing their 529s will be fully funded for $90K college currently)
[/quote]

Hit return too soon.  
The $13M is what you each can currently gift in Total upon death without triggering the estate tax at federal level (state levels may apply at lower amounts or not at all).

[/quote]

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