Janelle Tokunaga, CPA, MST Tax Supervisor While it may seem like there has been a shortage of good news lately, we wanted to bring your attention to a few bright spots that have come about during our current economic downturn. With the extra time you have at sheltering in place, it may be a good time to revisit your current estate and gift plan. To recap: the 2020 Federal lifetime exemption is $11.58 million per person, including inflation, and the 2020 annual Federal gift exclusion is $15,000 per donee and donor. The current economic market is showing decreased values
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Why Gifting During an Economic Downturn May Be Right for You
Newsletter and Updates.
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