With the beginning of the year upon us, it may be time to review your current estate plan. In 2018, the estate tax exclusion was raised to $11,180,000. With portability that amount is doubled to $22,360,000. In 2019, the amount is increased to $11,400,000, with portability the amount is doubled to $22,800,000. Therefore, most clients are not subject to the estate tax. Coupled with the estate tax, the gift tax amount was raised to $15,000. If you are married and elect to split your gifts, that amount is doubled to $30,000. However, with the estate tax threshold so high, it doesn’t mean that basic estate plans need to be reviewed, and year-end gifts need to be made. Read more at CPA Practice Advisor.