When Should I Use My Estate and Gift Tax Exemption | Lifetime Gift Tax Exemption | ACTEC

The lifetime gift tax exemption amount is $11.58 million in 2020, increasing to $11.7 million in 2021. Learn when to use the estate tax exemption from estate planning professionals. The exemption is scheduled to decrease to six million dollars in 2026.

[@ufjazzman]

This video was helpful in my studies in the estate planning section of the CFP exam.

[@danielwerner6587]

Great video Larry! It's amazing that a cat video get more views; hence the old saying ""If you took all the money in the world and divided it equally among everybody, it would soon be back in the same pockets it was before."

[@ActecOrg]

Glad you enjoyed the video.

[@RideFixy]

question: the 12m exemption, does that apply to the giver or receiver. Can you receive 12m from multiple family members?