Not missing any point.
Only responded to the erroneous post stating $13,000 a year limit.
Okay good.
So then you fully understand that the unified gift and estate tax credit will not save the theoretical farmer in this article, or anybody else who dies with a million dollars, from this increase in private property confiscation.
And you fully understand that gifting does not avoid having to pay death taxes above and beyond estate tax exemption limits as some on this thread have "erroneously" suggested .