2025 Estate Tax. Failure to submit the declaration by the march 31, 2025, deadline will result in the property automatically being classified as vacant, triggering the tax. In 2025, retirees can donate up to.
Here’s a simplified breakdown from bosshard parke of the key changes for estate and gift tax in 2025 and what they could mean for your estate. The tcja provisions related to the estate tax exemption is set to sunset on december 31, 2025 — causing the exemption limits to revert to approximately $7 million.