Further complicating the situation, there is a roughly $30k (don’t bother looking it up) exception per year that allows couples to gift under that amount to ind

Further complicating the situation, there is a roughly $30k (don’t bother looking it up) exception per year that allows couples to gift under that amount to individuals without affecting my lifetime $5m exclusion. So if we have 5 children and 10 grandchildren we are giving away $450,000 a year to our family and still get another $5M when we die gift tax free.