We have over $3 million and 5 adult children: Should we start giving them tax-free gifts each year?

“I understand that we could provide each of the five with $18,000 per year as gifts. Or could we only give to one child per year? Are the gifts really received tax-free?”

We have over $3 million and 5 adult children: Should we start giving them tax-free gifts each year?
“I understand that we could provide each of the five with $18,000 per year as gifts. Or could we only give to one child per year? Are the gifts really received tax-free?”