Chart shows the key rates that will change between 2004 and 2010. 2004 Applicable Exclusion Amount - 1.5 Million
Lowest Estate Tax Rate 45%
Highest Estate Tax Rate 48%
Lifetime Gifts Market Value Exemption - $1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 48%
GST Exemption Amount Allowable - $1.5 Millio
GST Transfer Tax Rate 48% 2005 Applicable Exclusion Amount - 1.5 Million
Lowest Estate Tax Rate 45%
Highest Estate Tax Rate 47%
Lifetime Gifts Market Value Exemption - $1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 47%
GST Exemption Amount Allowable - $1.5 Million
GST Transfer Tax Rate 47% 2006 Applicable Exclusion Amount - 2 Million
Lowest Estate Tax Rate 46%
Highest Estate Tax Rate 46%
Lifetime Gifts Market Value Exemption - $1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 46%
GST Exemption Amount Allowable - $2 Million
GST Transfer Tax Rate 46% 2007 Applicable Exclusion Amount - 2 Million
Lowest Estate Tax Rate 45%
Highest Estate Tax Rate 45%
Lifetime Gifts Market Value Exemption -$1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 45%
GST Exemption Amount Allowable - $2 Million
GST Transfer Tax Rate 45% 2008 Applicable Exclusion Amount - 2 Million
Lowest Estate Tax Rate 45%
Highest Estate Tax Rate 45%
Lifetime Gifts Market Value Exemption - $1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 45%
GST Exemption Amount Allowable - $2 Million
GST Transfer Tax Rate 45% 2009 Applicable Exclusion Amount - 3.5 Million
Lowest Estate Tax Rate 45%
Highest Estate Tax Rate 45%
Lifetime Gifts Market Value Exemption - $1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 45%
GST Exemption Amount Allowable - $3.5 Million
GST Transfer Tax Rate 45% 2010 Applicable Exclusion Amount - Repealed
Lowest Estate Tax Rate - Repealed
Highest Estate Tax Rate - Repealed
Lifetime Gifts Market Value Exemption - $1 Million
Lowest Gift Tax Rate 35%
Highest Gift Tax Rate 35%
GST Exemption Amount Allowable - Repealed
GST Transfer Tax Rate - Repealed 2011+ Applicable Exclusion Amount - 1.1 Million
Lowest Estate Tax Rate 41%
Highest Estate Tax Rate 55%
Lifetime Gifts Market Value Exemption - $1.1 Million
Lowest Gift Tax Rate 41%
Highest Gift Tax Rate 50%
GST Exemption Amount Allowable - $1.1 Million
GST Transfer Tax Rate 55% | 