How a Crummey Trust Powers Annual Gift Tax Exclusion

Episode 40 of Estate Planning with Fexingo: Lucas and Luna break down the Crummey trust—an estate planning tool that turns annual gift tax exclusion gifts into permanent family wealth. They walk through the 1968 Crummey v. Commissioner case that made it all possible, explain the 'Crummey power' withdrawal right, and discuss why this trust is a workhorse for high-net-worth families looking to transfer wealth without burning their lifetime exemption. Specific numbers: the $18,000 per-donee annual exclusion for 2026, and how a family of five could move $90,000 out of their estate each year. Lucas also flags the common mistake—failing to actually notify beneficiaries of their withdrawal rights, which can blow the tax benefit. Practical, specific, and rooted in real IRS rules. #CrummeyTrust #AnnualGiftTaxExclusion #EstatePlanning #GiftTax #IrrevocableTrust #CrummeyPower #WealthTransfer #LifetimeExemption #IRS #TaxStrategy #FamilyWealth #Finance #FexingoBusiness #BusinessPodcast #LucasAndLuna #EstatePlanningWithFexingo #GenerationSkippingTrust #GiftingStrategy Keep every episode free: buymeacoffee.com/fexingo