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 [...]
Represented couple with a comprehensive review of their general business and complex estate plan documents. Husband and wife had 12 entities, 3 irrevocable trusts and a revocable trust. DeAngelis Legal analyzed the structure and documents and provided a comprehensive summary of their business and estate plan with recommendations to enhance the effectiveness and efficiency of [...]
Represented couple with the preparation of comprehensive estate plan, including irrevocable life insurance trust. Husband and wife with one daughter and one wage earner desired to purchase large life insurance policy to compensate for lack of assets if wage earner died. DeAngelis Legal reviewed alternatives with client and prepared a complex revocable trust and irrevocable [...]
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 [...]
Quinn DeAngelis, P.C. Kierland Business Center 15849 N. 71st Street, Suite 100 Scottsdale, Arizona 85254 Telephone: 480.281.1512 qdeangelis@azdox.com www.azdox.com Estate Planning Update 2015 1. 2015 Annual Gift Tax Exemption: remains at $14,000 per donor, per donee. 2. 2015 Gift and Estate Tax Exemption: rose to $5,430,000 per donor, inflation adjusted. 3. Marital Deduction for Transfers to [...]
