Estate Tax
$0
Estate Tax
Taxable Estate
$0
Exemption Used
$5,000,000
Effective Rate
0.00%
Summary
Your estate of $5,000,000 falls within the lifetime exemption and owes no estate tax.
The federal estate and gift tax exemption is $13,990,000 for individuals in 2025, shielding most estates from tax.
You can gift up to $19,000 per recipient per year (2025) without using any of your lifetime exemption.
The federal estate and gift tax rate is a flat 40% on amounts exceeding the exemption.
The elevated exemption expires after 2025 under current law, potentially dropping to roughly half (~$7M) in 2026.
Estate Tax Journey
7 rows
| Step | Amount |
|---|---|
| Estate Value | $5,000,000 |
| + Lifetime Gifts | $0 |
| + Annual Gifts (taxable) | $0 |
| = Gross Estate | $5,000,000 |
| - Exemption | $5,000,000 |
| = Taxable Estate | $0 |
| = Estate Tax | $0 |
Estimate based on federal estate and gift tax law. Does not account for state estate or inheritance taxes, charitable deductions, marital deduction, or generation-skipping transfer tax. Not tax advice.