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Feb 21, 2019 ... December 2017's tax overhaul presents some unique opportunities for estate ... gift and generation skipping transfer tax exemption amounts.


Nov 16, 2020 ... If this limit is used up during your lifetime, then any further gifts above the annual exclusion amount ($15,000.00) will be subject to gift tax ...


The gift tax is a federal transfer tax that is imposed when you transfer ... probate and trust administration and the law of tax exempt organizations.