A: Yes, actually. The exemption amount for people dying in 2022 will be $12.06 million per person, up from $11.70 million per person dying in 2021.
Q: Is inflation impacting the 2022 Federal Estate Tax Exemption Amount?
by chestertolentino | Dec 29, 2021 | Estate Planning, Q&A |
Categories
- Annual and Lifetime Gift Tax Exclusions (8)
- Business (10)
- Conservatorships (2)
- Español (3)
- Estate Planning (200)
- Joint Tenancy (3)
- Q&A (231)
- Succession Plan (4)
- Title and Deeds (28)
- Trust And Estate Administration (78)
Recent Posts
- Q: I already have a trust and I am going to open a new bank account. How can I make sure that new bank account is part of my new trust estate and that it doesn’t end up in probate?
- Q: What is a double step-up in basis, and why is it a big deal for married couples in California?
- Q: Do I have to re-title both of my cars into my trust?
- Q: Is a child who cares for an elderly parent entitled to more of the estate after that parent passes?
- Q: What is the legal “Magic Eraser” that can undo property transfers inadvertently triggering a property tax reassessment?
Connect with us
Pay Online Here
