The lifetime gift exclusion will soon go down from about $12,000,000 to $6,000,000. This means I can gift $12,000,000 to someone today, and pay no tax. What if I give $8,000,000 today, would I have any leftover limit to give more after the exclusion goes down? Is it proportional? Or will I have to stop at the $8,000,000 I gave before the reduction in limit?
