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www.nixonpeabody.com/en/ideas/blog/trusts-and-estates/2019/11/27/irs-confirms-clawback-will-not-apply-to-gifts-made-under-the-increased-estate-and-gift-tax-exemption

Nov 27, 2019 ... The Treasury Department and Internal Revenue Service recently confirmed that gifts made under the increased gift and estate tax exclusion ...

www.bakertilly.com/insights/gift-and-estate-tax-planning-in-2021

Jan 12, 2021 ... The election is likely to bring about changes to the gift and estate tax regime and it is important for taxpayers to make use of the exemption now.

estateplansplus.com/html/tax_estate&gift_basics.html

Current tax law gives a surviving spouse the right to take advantage of any federal estate and gift tax exemption left unused by the predeceased spouse. So, the ...

newsroom.cnb.com/en/personal-finance/wealth-transfer/passing-down-wealth-guide.html

Feb 10, 2021 ... In 2021, the lifetime gift tax exemption is $11.7 million. The IRS will use the information reported on Form 709 to update the donor's remaining ...

www.kendal.org/news/rules-for-giving-money

The goods news is that the estate tax exemption is a lifetime exemption that can also be used for gifts. Every dollar that you give as a gift today will just reduce ...

www.wealthspire.com/blog/gst-tax

Jan 31, 2021 ... In addition, gifts to grandchildren can be subject to a separate “generation- skipping transfer” (or “GST”) tax if they exceed the GST tax exemption ...

karplaw.com/the-federal-estate-tax-who-pays-and-is-it-changing

Nov 27, 2020 ... Because these gifts do not exceed the annual gift tax exclusion, he does not need to file a federal gift tax return (form 709). Neither gift will be ...

www.chernoffdiamond.com/services/private-client-executive-life-insurance/private-client-resources/federal-estate-and-gift-tax-tables

ESTATE TAX APPLICABLE EXCLUSION AMOUNT1/LIFETIME GIFT TAX APPLICABLE EXCLUSION1/GST EXEMPTION AMOUNT2. $11,400,000 ...

www.federalregister.gov/documents/2019/11/26/2019-25601/estate-and-gift-taxes-difference-in-the-basic-exclusion-amount

Nov 26, 2019 ... ... to the basic exclusion amount allowable in computing Federal gift and estate taxes. The final regulations will affect donors of gifts made after ...

www.mlrpc.com/articles/irs-increases-annual-gift-tax-exclusion-2018

Dec 17, 2017 ... For starters, you can give gifts valued up to the annual gift tax exclusion amount each year without ever touching the lifetime exemption. For 2017, ...

www.igrad.com/articles/to-give-or-not-to-give-understanding-the-federal-gift-tax

Jan 8, 2021 ... In addition to the annual exclusion, the IRS also sets a lifetime exemption. This is set at $11.58 million for 2020 and $11.7 million for 2021. That ...