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  • Konstantine Demiris

2021 Increases in Estate and Gift Tax Exemption; Gift Tax Exclusion remains at $15k

The current estate and lifetime gift tax exemption is $11.58 million per individual or $23.16 million for a married couple. Starting January 1, 2021, the estate and gift tax exemption will increase to $11.7 million per individual or 23.4 million for a married couple. The annual gift tax exclusion remains at $15,000 and does not count against the estate and lifetime gift tax amounts.


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