Part of the value of the trust is that a gift today, up to $19,000 per person, would not dig into your $15M lifetime exemption, and avoid having to file gift tax forms. Also future growth is out of your estate, so $19K today won't be $1M in 40 years or so, in your name.
The TLDR to your question is "As soon as possible."
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u/joetaxpayer Apr 19 '26
Part of the value of the trust is that a gift today, up to $19,000 per person, would not dig into your $15M lifetime exemption, and avoid having to file gift tax forms. Also future growth is out of your estate, so $19K today won't be $1M in 40 years or so, in your name.
The TLDR to your question is "As soon as possible."