For 2019, the Federal Estate Tax exclusion is $11.4 million. This means that a married couple can have a total of $22.8 million between the two of them without a dollar of their estates being taxed. It is not necessary for a Federal Estate Tax Return to be filed when a person passes away if their estate is less than the Federal Estate Tax Exclusion. Georgia does not have an estate tax meaning you could pass away having an estate worth $50 million and while there would be federal tax, there would be no state taxes. Most of our clients do not need to worry about an estate tax problem under current law. Unless Congress extends it, the Tax Cuts and Jobs Act is set to expire in 2025, causing the exclusion to revert to $5.49 million. If you and your spouse have an Estate which you expect will be greater than $10 million, we would recommend estate planning with an emphasis on tax planning.