Taxpayers can avoid the estate tax by making gifts at least a year prior to death.

Name: Taxpayers can avoid the estate tax by making gifts at least a year prior to death.
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The estate tax cannot be entirely avoided simply by making gifts a year prior to death because the IRS includes gifts made within three years of death back into the estate for tax purposes, and there are annual and lifetime gift tax exemption limits to consider.

Taxpayers Can Avoid the Estate Tax by Making Gifts at Least