Honu Wealth Management
Garth A Williams, MBA, CFP®
Financial Advisor
1307 S Mary Ave, Suite 101
Sunnyvale, CA 94087
650-917-3400
garth@honuwealth.com
www.HonuWealth.com
 
 




2018 Key Numbers

 

Estate Planning

Key indexed figures20172018
Annual gift exclusion:$14,000 $15,000
Gift and estate tax applicable exclusion amount:$5,490,000 + DSUEA1$11,180,000 + DSUEA1
Noncitizen spouse annual gift exclusion:$149,000 $152,000
Generation-skipping transfer (GST) tax exemption:$5,490,0002$11,180,0002
Special use valuation limit (qualified real property in decedent's gross estate):$1,120,000 $1,140,000

1 Basic exclusion amount plus deceased spousal unused exclusion amount (exclusion is portable for 2011 and later years); 2018 amount may be adjusted by the IRS

2 The GST tax exemption is not portable; 2018 amount may be adjusted by the IRS

2017 and 2018 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 $5,490,000 in 2017 and $11,180,000 in 2018Unified credit amount $2,141,800 in 2017 and $4,417,800 in 2018


This information was developed by Forefield, Inc. an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.

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