When was the estate tax limit raised?
Effective Jan.1, 2018, the TCJA increased the estate tax exclusion from $5,450,000 to $11,400,000. The exemption for married couples is $22,800,000. This expanded exemption has a sunset provision, which means it will revert back to the 2017 exclusion amount in 2026.Keeping this in view, when was the...