The tax limits for 2018 have changed. The applicable estate tax exemption for 2018 has increased to $11.2 million per individual (an increase from the 2017 rate of $5.49 million per individual). Therefore married couples can pass $22.4 million free from federal estate tax. The generation skipping transfer tax remains unified with the applicable estate tax exemption at $11.2 million per person. The annual gift tax exclusion has also increased this year to $15,000 (an increase from the 2017 rate of $14,000).
Mary S. Falk has devoted herself to providing her clients with the type of quality legal service she herself would seek from an attorney. Her focus on estate planning has stemmed from her firm belief in protecting her clients and their families from the devastating effects that often accompany disability and death. Mary received her Bachelor of Science in Special and Elementary School Education, and her Juris Doctor from Santa Clara University School of Law... Read More!
Latest posts by Mary S. Falk, Estate Planning Attorney (see all)
- National Estate Planning Awareness Week: October 21, 2024 – October 27, 2024. - October 2, 2024
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