@bosso3 wrote:
Using constant dollars consider the following:
If you were to give each kid $15,000 per year * 2 Kids * 40 years = $1.2 Million, which is still far below the lifetime exclusion limit.
I mostly agree but tend to think in "constant Congress" terms as well because there is no such thing as a "constant Congress" (it changes every few years) and it was not all that long ago when the estate tax exemption was $1 million and the maximum estate tax rate was 50%. As a result, maximizing the annual exclusion is generally a really good strategy.
