New estate tax limits

New Estate Tax Limits Highlight Need to Plan

Every year, the IRS announces inflation-adjusted numbers for all kinds of tax-related things.  Estate and gift tax limits are among them, and the 2020 numbers are here. The new estate tax limits will be $11.58 million per person, up from $11.4 million. The same figure applies to lifetime gift tax exclusion, as well. That means …

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