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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I will give my daughters a gift for them to spend as they see fit.  It won’t be enough to pay for the wedding, probably the max fed amount is (19k in 2025).  I’ve paid for private education and I’m paying for undergrad and medical/law school.  Then they are on their own.  I also have some stock and a vacation property in trust for each - profit generating ski condos in CO.  That will be with a prenup, so definitely not a gift to the couple, but to my girls.  Their spouses will obviously benefit from using them.[/quote]

A donor owes gift tax only after exceeding the lifetime exemption, which is $13.99 million in 2025 and $15 million in 2026 under the One Big Beautiful Bill Act’s tax savings. Until that point, amounts above the annual exclusion simply reduce the remaining exemption. This structure means that large gifts often have no immediate tax cost as long as the donor’s total lifetime gifting and estate transfers stay under the limit.

https://smartasset.com/estate-planning/gift-tax-explained-2021-exemption-and-rates
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Yes, and even if the only concern is having to fill out the gift tracking tax form for that year (Form 709 for those wondering), remember it's also $19k per person, so a couple can give $38k to one person in a calendar year and not have to fill anything out or track anything.[/quote]

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