Resources

Nov 7, 2017 |

2018 Increase in the Federal Estate and Gift Tax Exclusion Amount

Nov 7, 2017 - Estate Planning

The current federal gift and estate tax “exclusion amount” (exemption) is $5,490,000. The IRS recently announced that, effective as of January 1, 2018, this exclusion amount will be increased (inflation-adjusted) by $110,000 to $5,600,000.

This favorable change in the Federal Estate and Gift Tax law may have an impact on your estate plan. Please contact us if you would like to discuss the impact of this increase of the exclusion amount on your estate plan.

nbta badge super lawyers badge avvo badge rising star badge Million Dollar Advocates Forum Peer Review Rated paaj champion badge NAOPIA
Drake, Hileman & Davis logo

WHAT OUR CLIENTS ARE SAYING

"Unfortunately, I had a a slip and fall incident and it left me in a situation where I struggled to support my family and I really had no idea what my rights were. Thankfully, someone recommended DHD, specifically Jeremy Puglia, and it was the best decision I could have made. I was able to focus on getting better while he made certain no one took advantage of me or the situation. He listened to what I felt was fair and why, discussed it all with me and fought for me. I would NOT want to be up against him in a court room. Some people were made to defend others and he is one of them for sure!"

Drake, Hileman & Davis

Get Answers to Your Questions

Let's determine if you have a case.