Retirement tax questions

You start paying the gift and estate tax once your lifetime amount of gifts to all persons goes over the $5.4 million limit.  You have to file a gift tax return to report every gift of more than $14,000 per person per year so the IRS can count it against your lifetime exclusion.

https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-tax...