Manage episode 255848725 series 1104350
In this episode, Paul discusses the 2020 federal estate tax and gift tax limits and the Maryland estate tax limit. Each year the federal estate tax limit goes up due to inflation and the federal gift tax is also tied to inflation but does not increase each year. Maryland's estate tax limit is not tied to inflation.
Materials discussed in this episode:
- Goeringer, Paul, Federal Estate Tax and Gift Tax Limits Announced For 2020 (AREC 2020).
- Goeringer, Paul, Final Rules on Portability (AREC 2015).
- Lynch, Goeringer, and Musser, Estate Planning for Maryland Farm Families: Updated for 2014 (FS-972, 2014)