Estate and Gift Taxes
The estate tax is currently 40% for all amounts above the exemption.
The 2020 & 2021 ANNUAL Gift Exclusion amount is $15,000.
2022 amount increased to $16,000
The estate tax is currently 40% for all amounts above the exemption.
The 2020 & 2021 ANNUAL Gift Exclusion amount is $15,000.
2022 amount increased to $16,000