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 (197)
- Joint Tenancy (3)
- Q&A (225)
- Succession Plan (4)
- Title and Deeds (27)
- Trust And Estate Administration (74)
Recent Posts
- Q: Am I allowed to name all of my children as co-trustees of my trust when I pass, or do I have to pick one person to be in charge of carrying out my wishes?
- Q: Am I required to pick one of my beneficiaries as my executor/successor trustee?
- Q: Assuming my estate is large enough, what are some simple steps I can take to potentially reduce federal estate taxes at my death?
- Q: If I die owning a home with a mortgage, will my beneficiaries need to keep paying the mortgage after my death?
- Q: When did Rose Law Firm of Napa Valley open?