Web Results

www.millerkaplan.com/determining-whether-you-need-to-file-a-gift-tax-return-can-be-tricky

Feb 21, 2020 ... For 2020, the lifetime gift and estate tax exemption has reached a whopping $11.58 million ($23.16 million for married couples).

www.lbmc.com/blog/estate-and-gift-tax-update

Jan 3, 2020 ... In 2017 the lifetime gift and estate tax exemption amount was $5.49 million per individual. The ACT effectively doubled the 2017 lifetime ...

www.cbpp.org/research/new-estate-tax-rules-should-expire-after-2012

May 26, 2011 ... Individuals may exempt from the gift tax a certain lifetime value in gifts that exceed the annual gift exclusion. ... Any exemption amount not ...

www.marketwatch.com/story/favorable-federal-gift-and-estate-tax-rates-probably-wont-last-forever-heres-what-to-do-to-prepare-2020-05-27

May 27, 2020 ... The Tax Cuts and Jobs Act dramatically increased the unified federal gift and estate tax exemption. That may not last under a new ...

www.offitkurman.com/blog/2020/02/11/2020-estate-and-gift-taxes

Feb 11, 2020 ... The annual gift tax exclusion remains at $15,000 per beneficiary. · The federal figures are indexed to inflation, so they should increase over ...

www.cnbc.com/2018/12/03/sitting-on-11-million-give-it-away-to-save-on-estate-taxes.html

Dec 3, 2018 ... Under the new tax law, you can give away just over $11 million in gifts over your lifetime. · This higher exemption is going to sunset at the end ...

www.davispolk.com/sites/default/files/2020_01_14_estate_planning_in_2020.pdf

Jan 14, 2020 ... Of particular relevance in the estate planning context were significant increases to the federal estate, gift and GST tax exemption amounts.

www.cpyke.com/estate-planning-basics/question-11-what-is-the-annual-gift-tax-exclusion

Aug 31, 2017 ... What Is the Annual Gift Tax Exclusion? Gifting money can be a very effective way to transfer substantial amounts from your estate, free from ...

www.greenbushfinancial.com/all-blogs/when-you-make-gifts-to-your-kids-who-pays-the-tax

Jan 8, 2021 ... Each year The IRS sets a limit on the amount that you can gift to any one person without it counting towards your lifetime exclusion amount. In ...

www.msk.com/newsroom-alerts-1194

Sep 29, 2010 ... The Act lowered tax rates and increased exemption amounts, with the end result being the elimination of the estate tax and GSTT for 2010. The ...

www.seniorlaw.com/irs-announces-higher-estate-gift-tax-limits-for-2019

2020 Tax Credits · $11.58 million exempt per individual (it was $11.18 million in 2018) · $23.16 million exempt per married couple · $15,000 annual gift exclus...