LivingStone Wealth Planning

T. Spencer Metcalf, MBA, CFP®
104 Whitsett Street
Greenville, SC 29601

July 26, 2018

2018 Key Numbers

Estate Planning

Key indexed figures20192020
Annual gift exclusion:$15,000 $15,000
Gift and estate tax applicable exclusion amount:$11,400,000 + DSUEA1$11,580,000 + DSUEA1
Noncitizen spouse annual gift exclusion:$155,000 $157,000
Generation-skipping transfer (GST) tax exemption:$11,400,0002$11,580,0002
Special use valuation limit (qualified real property in decedent's gross estate):$1,160,000 $1,180,000

1 Basic exclusion amount plus deceased spousal unused exclusion amount (exclusion is portable for 2011 and later years)

2 The GST tax exemption is not portable

2019 and 2020 gift and estate tax rate schedule

Taxable EstateTentative Tax Equals PlusOf Amount Over
0 - $10,000$018%$0
$10,000 - $20,000$1,80020%$10,000
$20,000 - $40,000$3,80022%$20,000
$40,000 - $60,000$8,20024%$40,000
$60,000 - $80,000$13,00026%$60,000
$80,000 - $100,000$18,20028%$80,000
$100,000 - $150,000$23,80030%$100,000
$150,000 - $250,000$38,80032%$150,000
$250,000 - $500,000$70,80034%$250,000
$500,000 - $750,000$155,80037%$500,000
$750,000 - $1,000,000$248,30039%$750,000
$1,000,000 +$345,80040%$1,000,000
Credit shelter amount $11,400,000 in 2019 and $11,580,000 in 2020Unified credit amount $4,505,800 in 2019 and $4,577,800 in 2020
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Investment adviser representative and registered representative of, and securities and investment advisory services offered through Voya Financial Advisors, Inc. (member SIPC).

LivingStone Wealth Planning is not a subsidiary of nor controlled by Voya Financial Advisors.

This information was prepared by Broadridge Investor Communication Solutions, Inc. and has been made available for Voya Financial Advisors’ representatives for distribution to the public for educational information only. Broadridge Investor Communication Solutions, Inc. is not affiliated with nor controlled by Voya Financial Advisors. The opinions/views expressed within are that of Broadridge Investor Communication Solutions, Inc. and do not necessarily reflect those of Voya Financial Advisors or its representatives. In addition, they are not intended to provide specific advice or recommendations for any individual. Neither Voya Financial Advisors nor its representatives provide tax or legal advice. You should consult with your financial professional, attorney, accountant or tax advisor regarding your individual situation prior to making any investment decisions.

Prepared by Broadridge Advisor Solutions Copyright 2020.