Estate Tax Planning

Currently, every individual who is a resident and citizen of the United States qualifies for an estate tax exemption.

The 2020 estate tax exemption amount is $11.58 million and is indexed for inflation. This means that the first $11.58 million dollars of property a person owns at death is exempt from estate taxes. If a person has made gifts during his lifetime, the exemption at death may be reduced by the amount of the gifts.

Dallas Tax Planning Attorney The Ashmore Law Firm

 

 

 

 

 

 

Do You Need The Help Of A Dallas Tax Planning Attorney?

If you believe you may need to speak with an experienced tax planning attorney please contact us online or call our Dallas office directly at 214.559.7202 to schedule your free consultation.

Lori Ashmore Peters
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Helping Dallas area families with all of their legal Estate Planning, Probate and Business Planning needs.