Federal Estate Tax and Gift Tax Limits Announced For 2020

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Manage episode 255848725 series 1104350
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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:

If you have questions for Paul contact him at lgoering@umd.edu, tweet him @aglawPaul or 301-405-3541.

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