The federal estate and gift tax exclusion is set “permanently” to $5 million, adjusted for inflation. However, if you die between now and the end of 2025, the exclusion is doubled to $10 million, adjusted for inflation. Its inflation adjusted to $11.4 million in 2019. But, the federal estate and gift tax is the same regardless of where you live when you die. You could die in Paris, France, or Paris, Texas, and the federal estate tax bill would be the same. However, about 1/3 of the states … [Read more...] about When and Where You Die Matters