Tag: Applicable Exclusion Amount

We Want to Draft Your Legacy

Gifting Can Help Estate Plans and Heirs Reach Goals

September 17, 2020
Despite many attempts at repeal over the years, the modern U.S. Estate Tax has been in place since September 8, 1916. Each U.S. citizen and resident alien is entitled to a lifetime exemption from the federal Gift/Estate Tax called the Applicable Exclusion Amount.
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