[DCBryan1]

Of course wife and I would be gifting the maximum annual exclusion of $11,000,000.00 to each family member. What?

After you get income from your securities, you can gift (WITHOUT ANYONE PAYING TAXES) either:

1) 15,000 per person (30,000 married) every year, or
2) 5,450,000.00 per person (11mm if married) ONE TIME to someone without them or you paying taxes.

It is how wealthy people reduce their tax brackets in order to not pay the highest tax brackets.

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

Also: https://www.mlrpc.com/articles/irs-increases-annual-gift-tax-exclusion-2018/

[Osage Orange]

I think it was the annual word....that I questioned.

But now you said one time....Okay...I get it.