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February 2018 Archives

How Does The New Tax Law Affect Your California Estate Plan?

Good News!! As of January 1st, of 2018, the estate tax exemption threshold was effectively doubled for estate gift and generation-skipping inheritance taxes for tax years 2018 - 1025. This means no inheritance tax for the heir of an estate of $11.2 million for single persons and $22.4 million for couples (based on the law allowing a sharing of tax exemptions between couples called "Portability").

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