Estate Tax Applicable Exclusion |
$12,060,000 |
Applicable Estate Tax Credit Amount |
$4,769,800 |
Gift Tax Lifetime Exemption |
$12,060,000 |
Starting Tax Rate Above Estate (or Gift) Exemption Amount |
40% |
Annual Gift Tax Exclusion |
$16,000 |
GST Tax Exemption |
$12,060,000 |
GST Flat Tax Rate |
40% |