by Justin M. Kennedy Litherland, Kennedy & Associates, APC, Attorneys at Law The IRA has announced the new Estate Tax Exemption amount (hereinafter “Exemption amount”) for 2020. The new Exemption amount will be Eleven Million Five Hundred and Eighty Thousand Dollars ($11,580,000). This Exemption amount is per U.S. Citizen – meaning a married couple may pass over Twenty-Three Million dollars Estate Tax free ($23,160,000 in 2020). To provide historical context, in 2002 the Exemption … [Read more...] about Estate Tax Exemption Amounts to Increase
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