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 2017 and 2018.
Annual gift tax exclusion:
$11,200,000 1 + DSUEA 2
Gift tax and estate tax applicable exclusion amount: Noncitizen spouse annual gift tax exclusion: Generation-skipping transfer (GST) tax exemption:
$5,490,000 1 + DSUEA 2
$5,490,000 3 $11,200,000 3
GST tax rate
Special use valuation limit (qualified real property in decedent’s gross estate):
1 The basic exclusion amount. The 2018 amount may be adjusted by the IRS. 2 Deceased spousal unused exclusion amount (for 2011 and later years) 3 The GST tax exemption is not portable. The 2018 amount may be adjusted by the IRS.
Wealth | Investments | Planning Commerce Trust Company
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