2023 Estate Planning Update
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Estate Tax Update Federal Estate Tax, Gift Tax and Generation-Skipping Tax Exemptions The 2023 federal exemption against estate and gift taxes is $12,920,000 per person. This is an increase over the 2022 exemption, which was $12,060,000 per person (the increase reflects an inflation adjustment). The exemption is expected to drop by 50% at the end […]
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