The New Estate Tax Exemption 2018

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.