Estate Planning Key Numbers PC1370-Digital

ESTATE PLANNING

ESTATE PLANNING KEY NUMBERS

You will find here some key numbers associated with estate planning, as well as the federal gift tax and estate tax rate schedules for 2016 and 2017.

2016

2017

Annual gift tax exclusion:

$14,000

$14,000

$5,490,000 1 + DSUEA 2

Gift tax and estate tax applicable exclusion amount: Noncitizen spouse annual gift tax exclusion: Generation-skipping transfer (GST) tax exemption:

$5,450,000 1 + DSUEA 2

$148,000 $149,000

$5,450,000 3 $5,490,000 3

GST tax rate

40% 40%

Special use valuation limit (qualified real property in decedent’s gross estate):

$1,110,000 $1,120,000

1 The basic exclusion amount 2 Deceased spousal unused exclusion amount (for 2011 and later years) 3 The GST tax exemption is not portable

Wealth | Investments | Planning Commerce Trust Company

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