Estate Planning Update January, 2020 2020 Annual Gift Tax Exclusion: remains at $15,000 per donor, per donee. 2020 Gift and Estate Tax Exclusion: increased to $11,580,000 per donor through 2025, see #8. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2020 Generation Skipping Tax Exclusion: increased to $11,580,000 per donor through 2025, see #8. [...]
Estate Planning Update July, 2019 2019 Annual Gift Tax Exclusion: remains at $15,000 per donor, per donee. 2019 Gift and Estate Tax Exclusion: $11,400,000 per donor through 2025, see #6 below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2019 Generation Skipping Tax Exclusion: $11,400,000 per donor through 2025, see #6 below. Top rate for [...]
Estate Planning Update January, 2019 2019 Annual Gift Tax Exclusion: remains at $15,000 per donor, per donee. 2019 Gift and Estate Tax Exclusion: $11,400,000 per donor through 2025, see #6 below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2019 Generation Skipping Tax Exclusion: $11,400,000 per donor through 2025, see #6 below. Top rate for [...]
Estate Planning Update July, 2018 2018 Annual Gift Tax Exemption: increased to $15,000 (from $14,000) per donor, per donee. 2018 Gift and Estate Tax Exemption: $11,180,000 per donor through 2025, see below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2018 Generation Skipping Tax Exemption: $11,180,000 per donor through 2025, see below. Top rate for [...]
Estate Plan Update January, 2018 2018 Annual Gift Tax Exemption: increased to $15,000 (from $14,000) per donor, per donee. 2018 Gift and Estate Tax Exemption: $11,200,000 per donor for next 8 years, see below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2018 Generation Skipping Tax Exemption: $11,200,000 per donor, see below. Top rate for [...]
Estate Planning Update July, 2017 2017 Annual Gift Tax Exemption: remains at $14,000 per donor, per donee. 2017 Gift and Estate Tax Exemption: rose to $5,490,000 per donor, inflation adjusted. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2017 Generation Skipping Tax Exemption: $5,490,000 per donor, inflation adjusted. Top rate for Federal Estate, Gift and Generation [...]
Estate Planning Update January, 2017 2017 Annual Gift Tax Exemption: remains at $14,000 per donor, per donee. 2017 Gift and Estate Tax Exemption: rose to $5,490,000 per donor, inflation adjusted. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2017 Generation Skipping Tax Exemption: $5,490,000 per donor, inflation adjusted. Top rate for Federal Estate, Gift and Generation [...]
Estate Planning Update July, 2016 2016 Annual Gift Tax Exemption: remains at $14,000 per donor, per donee. 2016 Gift and Estate Tax Exemption: rose to $5,450,000 per donor, inflation adjusted. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2016 Generation Skipping Tax Exemption: $5,450,000 per donor, inflation adjusted. Top rate for Federal Estate, Gift and Generation [...]
Estate Planning Update 2016 2016 Annual Gift Tax Exemption: remains at $14,000 per donor, per donee. 2016 Gift and Estate Tax Exemption: rose to $5,450,000 per donor, inflation adjusted. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2016 Generation Skipping Tax Exemption: $5,450,000 per donor, inflation adjusted. Top rate for Federal Estate, Gift and Generation Skipping [...]
Estate Planning Update August, 2015 2015 Annual Gift Tax Exemption: remains at $14,000 per donor, per done. 2015 Gift and Estate Tax Exemption: rose to $5,430,000 per donor, inflation adjusted. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2015 Generation Skipping Tax Exemption: $5,430,000 per donor, inflation adjusted. Top rate for Federal Estate, Gift and Generation [...]
