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Phoenix office: 1850 N. Central Ave., # 2400, Phoenix, Arizona 85004 | Sun City office: 13250 N. Del Webb Blvd. # B Sun City, AZ 85351

Updated Estate Tax Exclusion for 2019

In 2019, there will be an increase in the amount that can pass estate tax free -- one person can now pass a total of  $11.4 million during life and upon death.  In 2019, the amount that can be given each year without causing a decrease in the total that can be passed is $15,000 per person.   This makes trust administration simpler for couples whose total assets are below $11.4 million.  Most Americans will not have to be concerned about estate taxes.

2020 Tax Exemption Increased
New statutory changes have made doing business as ...