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A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate tax at death. There are many ways to make tax-free gifts, but one of the simplest is to take advantage of the annual gift tax exclusion with direct...

In 2017, the amount you can give to one person without triggering a gift tax return is $14,000 per donor, per recipient. It is unchanged from 2016. You might be able to give someone more than this amount for certain expenses. For example, tuition or medical expenses that you pay...