Planning Beyond the Galaxy  of Exemptions

Planning Beyond the Galaxy of Exemptions

Clients still need help with a diverse range of issues

Under the American Taxpayer Relief Act of 2012 (ATRA), the federal gift, estate and generation-skipping transfer (GST) tax exemptions of $5 million for individuals and $10 million for married couples (subject to an inflation adjustment) were made permanent, as was portability for the estate and gift tax exemptions. As a result of portability and the increased exemptions, it’s estimated that less than 0.2 percent of all estates will now be subject to

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.