Post #19640 by jetjockey787 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I'm a bit late replying but I didn't see anyone else mention this; could you gift money/assets now (or later) before dying? It seems to me that many people who are well off enough to worry about IHT could give a fair amount of their assets away early, which *may* avoid (some of the) IHT.

Yes, of course! Just give away $15 million (2026 limit) to your heirs and all the rest to charity and you avoid ALL estate tax! That’s what I’m doing, except I am single with no living heirs at the moment (except maybe a live-in caretaker at the end who will receive a nice unexpected slug), so every bit is going away to charity, and not to Uncle Sam.

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