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taxfoundation.org/individual-and-consumption-taxes/estate-and-gift-taxes

... are subject to gift taxes. The federal government enacted the first estate tax in 1916. ... Navigating the 2020 Tax Extenders in the Pandemic Economy.

www.medicaidannuity.com/industry-news/estate-and-gift-tax-limits-increase-for-2020

With the upcoming 2020 presidential election, gifting discussions are becoming more commonplace. Although the federal estate tax exemption was recently ...

burnerlaw.com/estate-and-gift-tax-update-for-2021

Dec 2, 2020 ... The 2017 Tax Cuts and Jobs Act increased the federal estate tax ... the benefit of the larger estate and gift tax exemption in 2020 from a ...

revenue.ky.gov/Individual/Inheritance-Estate-Tax/Pages/default.aspx

If all taxable assets pass to exempt beneficiaries, and a Federal Estate and Gift Tax Return is not required, an Affidavit of Exemption will be accepted by ...

www.gdhm.com/news-post/federal-estate-and-gift-tax-new-year-new-exemptions

Unlike the federal estate and gift tax exemption, the federal annual exclusion amount is applied on a per donee basis so that a donor is permitted to make a ...

hawleytroxell.com/2020/12/2020-gift-and-estate-tax-planning-alert

Dec 7, 2020 ... Under current federal law, a person may generally gift up to $15,000 per year ... Because the gift and estate tax exemption amounts are tied ...

portal.ct.gov/DRS/Individuals/Individual-Tax-Page/Connecticut-Gift-Tax

Gifts made on or after January 1, 2005 are subject tot he Connecticut Unified Gift and Estate Tax. In general, all transfers of real or personal property by ...

learning.fmfcu.org/page.php?b=24543250-0&c=872

The law allows you to transfer a certain amount of assets free of estate and gift tax. This amount is called the "applicable exclusion amount." In 2020 ...

www.kiplinger.com/retirement/inheritance/601551/states-with-scary-death-taxes

Plus, there's no federal inheritance tax to spook your heirs. ... The Constitution State's estate tax exemption amount is $7.1 million for 2021.

www.natlawreview.com/article/personal-planning-strategies-january-2021

Jan 20, 2021 ... In 2021, there is an $11,700,000 federal estate tax exemption and a ... Gift tax returns for gifts that you made in 2020 are due on April 15 ...

www.policygenius.com/taxes/guide-to-gift-tax

Your lifetime giving limit is also the same as the federal estate tax exemption, so giving large gifts increases the likelihood that your estate will owe ...