Licensed Attorney in HI, CA & NV
3449 Akala Dr., Kihei, HI 96753
P.O. Box 3464 Incline Village, NV 89450
As of January 1, 2018 the federal estate tax exemption amount is $11,200,000 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 Million without your beneficiaries paying an estate tax.
The gift tax exemption amount also increased to $15,000 in 2018.