Mark Stevens, CFP®
mark@wealthcarenetwork.org
 
 




2019 Key Numbers

 

Estate Planning

Key indexed figures20182019
Annual gift exclusion:$15,000 $15,000
Gift and estate tax applicable exclusion amount:$11,180,000 + DSUEA1$11,400,000 + DSUEA1
Noncitizen spouse annual gift exclusion:$152,000 $155,000
Generation-skipping transfer (GST) tax exemption:$11,180,0002$11,400,0002
Special use valuation limit (qualified real property in decedent's gross estate):$1,140,000 $1,160,000

1 Basic exclusion amount plus deceased spousal unused exclusion amount (exclusion is portable for 2011 and later years)

2 The GST tax exemption is not portable

2018 and 2019 gift and estate tax rate schedule

Taxable EstateTentative Tax Equals PlusOf Amount Over
0 - $10,000$018%$0
$10,000 - $20,000$1,80020%$10,000
$20,000 - $40,000$3,80022%$20,000
$40,000 - $60,000$8,20024%$40,000
$60,000 - $80,000$13,00026%$60,000
$80,000 - $100,000$18,20028%$80,000
$100,000 - $150,000$23,80030%$100,000
$150,000 - $250,000$38,80032%$150,000
$250,000 - $500,000$70,80034%$250,000
$500,000 - $750,000$155,80037%$500,000
$750,000 - $1,000,000$248,30039%$750,000
$1,000,000 +$345,80040%$1,000,000
Credit shelter amount $11,180,000 in 2018 and $11,400,000 in 2019Unified credit amount $4,417,800 in 2018 and $4,505,800 in 2019



This communication is strictly intended for individuals residing in the state(s) of GA. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018.