Category Archives: Lifetime Family Wealth Transfers/Gifts/Sales

Subscribe to Lifetime Family Wealth Transfers/Gifts/Sales RSS Feed

Federal Estate Tax Exclusion Bumps Up a Bit for 2016

It’s that time when the IRS announces what you can pass on to others next year without paying federal gift or estate tax.  Revenue Procedure 2015-53 contains 27 pages of inflation-adjusted items for 2016.  Wedged between the inflation adjustments for the foreign earned income exclusion and the “tax on arrow shafts,” are the 2016 numbers for the unified … Continue Reading