In the United States, many wealthy families rushed to gift money and assets in anticipation of changing tax laws, aiming to benefit from the Tax Cuts and Jobs Act of 2017. This act allowed for higher tax-free gift limits, prompting families to act quickly before a projected drop in exemptions in 2026. However, the landscape shifted when a new tax law was signed by former President Donald Trump on July 4, 2025, making these benefits permanent. As a result, many families now regret their haste in giving away assets, a phenomenon referred to as 'buyer’s remorse.' According to experts, while reversing such decisions can be complicated and costly, the strategy of early gifting is still considered sound. With approximately $124 trillion expected to transfer from older generations to younger ones by 2048, the 'Great Wealth Transfer' is underway, highlighting the importance of thoughtful financial planning. Experts suggest that most families would have eventually given away their wealth, even without the rush, indicating that early gifting often remains a wise decision.