To request a free zoom video meeting to design your estate plan, click the following link and complete the short questionnaire: -- In 2020, the federal estate tax basic exclusion amount is $11.58 million. In 2026, the federal estate tax basic exclusion amount sunsets back to about $6 million ($5 million adjusted for inflation). The estates of people who died in 2020 are not required to file a federal estate tax return if their gross estate is less than $11.58 million. But it may make a great deal of sense for those estate to file the IRS Form 706 - even though they are not required to - in order to make the portability election. This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship. Paul Rabalais Estate Planning Attorney www.Rabala
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