Each year, certain federal estate, gift and generation-skipping transfer (GST) tax figures are subject to inflation adjustments:
There are some changes to exemption amounts in our footprint states as well:
Note also some changes to retirement plan contribution limits:
A summary of individual income tax changes made under the 2017 tax law, effective for calendar year 2018 and relevant for the upcoming tax season, can be found in our March 2018 Update article, "Income Tax Changes Under the New Tax Law."
Day Pitney Estate Planning Update
Day Pitney Estate Planning Update
Day Pitney Estate Planning Update
Day Pitney Estate Planning Update
Day Pitney Estate Planning Update
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