Menu

(808) 870-2687 or (775) 832-7006

Offices: 3449 Akala Dr., Kihei, HI 96753 and P.O. Box 3464 Incline Village, NV 89450

Marchellolaw@gmail.com

0 Comments

The New Estate Tax Exemption 2020

The federal estate tax exemption amount is $11,580,000 for individuals and double that for married couples!  This number is projected to fall in 2025 back to $5,490,000.   This means that you can give away 11.58 Million without your beneficiaries paying an estate tax.

The gift tax exemption amount also increased to  $15,000 in 2020.