The Lifetime Exemption – Updated with Melissa Chauvin

Question: I took advantage of the increased lifetime exemption amount but heard that it will revert back to a lower amount – now what? Answer: Under the Tax Cuts and Jobs Act (TCJA) passed at the end of 2017, the basic exclusion for estate and gift tax was increased to $10 million, indexed for inflation […]

The Lifetime Exemption – Updated with Melissa Chauvin Read More »