Appendices And Tables

<section class="article__body"><br /> <h4 style="text-align: center;"><strong>2010 Estate and Gift Tax Table</strong></h4><br /> <table class="aligncenter" style="height: 746px;" width="100%"><br /> <tbody><br /> <tr><br /> <td colspan="2" width="192"><strong>Taxable Gift/Estate</strong></td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Tax on</strong></p><br /> </td><br /> <td width="108"><br /> <p style="text-align: center;"><strong>Rate on</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;"><strong>From</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>To</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Col. 1</strong></p><br /> </td><br /> <td width="108"><br /> <p style="text-align: center;"><strong>Excess</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">$0</p><br /> </td><br /> <td style="text-align: center;" width="96">$10,000</td><br /> <td style="text-align: center;" width="96">$0</td><br /> <td style="text-align: center;" width="108">18%</td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">10,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">20,000</p><br /> </td><br /> <td style="text-align: center;" width="96">1,800</td><br /> <td width="108"><br /> <p style="text-align: center;">20%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">20,001</p><br /> </td><br /> <td style="text-align: center;" width="96">40,000</td><br /> <td style="text-align: center;" width="96">3,800</td><br /> <td width="108"><br /> <p style="text-align: center;">22%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">40,001</p><br /> </td><br /> <td style="text-align: center;" width="96">60,000</td><br /> <td style="text-align: center;" width="96">8,200</td><br /> <td width="108"><br /> <p style="text-align: center;">24%</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="96">60,001</td><br /> <td style="text-align: center;" width="96">80,000</td><br /> <td style="text-align: center;" width="96">13,000</td><br /> <td width="108"><br /> <p style="text-align: center;">26%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">80,001</p><br /> </td><br /> <td style="text-align: center;" width="96">100,000</td><br /> <td style="text-align: center;" width="96">18,200</td><br /> <td style="text-align: center;" width="108">28%</td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">100,001</p><br /> </td><br /> <td style="text-align: center;" width="96">150,000</td><br /> <td style="text-align: center;" width="96">23,800</td><br /> <td width="108"><br /> <p style="text-align: center;">30%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">150,001</p><br /> </td><br /> <td style="text-align: center;" width="96">250,000</td><br /> <td style="text-align: center;" width="96">38,800</td><br /> <td width="108"><br /> <p style="text-align: center;">32%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">250,001</p><br /> </td><br /> <td style="text-align: center;" width="96">500,000</td><br /> <td style="text-align: center;" width="96">70,800</td><br /> <td width="108"><br /> <p style="text-align: center;">34%</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="96">500,001</td><br /> <td style="text-align: center;" width="96">…….</td><br /> <td style="text-align: center;" width="96">155,800</td><br /> <td width="108"><br /> <p style="text-align: center;">35%</p><br /> </td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>2011-2012 Gift and Estate Tax Table</strong></h4><br /> <table class="aligncenter" style="height: 832px;" width="90%"><br /> <tbody><br /> <tr><br /> <td colspan="2" width="192"><br /> <p style="text-align: center;"><strong>Taxable Gift/Estate</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Tax on</strong></p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;"><strong>Rate on</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;"><strong>From</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>To</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Col. 1</strong></p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;"><strong>Excess</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">$0</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">$10,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">$0</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">18%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">10,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">20,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">20%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">20,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">40,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">3,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">22%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">40,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">60,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">8,200</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">24%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">60,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">80,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">13,000</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">26%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">80,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">100,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">18,200</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">28%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">100,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">150,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">23,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">30%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">150,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">250,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">38,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">32%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">250,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">500,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">70,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">34%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">500,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">750,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">155,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">35%</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="4" width="393">IRC Secs. 2001(c), 2502(a), 2210, as amended by EGTRRA 2001.</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>2013-2025 Gift and Estate Tax Table</strong></h4><br /> <table class="aligncenter" style="height: 956px;" width="90%"><br /> <tbody><br /> <tr><br /> <td colspan="2" width="192"><br /> <p style="text-align: center;"><strong>Taxable Gift/Estate</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Tax on</strong></p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;"><strong>Rate on</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;"><strong>From</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>To</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Col. 1</strong></p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;"><strong>Excess</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">$0</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">$10,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">$0</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">18%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">10,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">20,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">20%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">20,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">40,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">3,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">22%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">40,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">60,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">8,200</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">24%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">60,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">80,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">13,000</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">26%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">80,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">100,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">18,200</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">28%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">100,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">150,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">23,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">30%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">150,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">250,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">38,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">32%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">250,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">500,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">70,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">34%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">500,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">750,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">155,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">37%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">750,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,000,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">248,300</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">39%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">1,000,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">345,800</p><br /> </td><br /> <td width="105"><br /> <p style="text-align: center;">40%</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="4" width="393">IRC Secs. 2001(c), 2502(a), 2210, as amended by EGTRRA 2001 and ATRA.</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>State Estate and Inheritance Tax Table (as of Sept. 1, 2024) </strong></h4><br /> <table class="aligncenter" style="height: 4005px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="123"><br /> <p style="text-align: center;"><strong>State</strong></p><br /> </td><br /> <td width="119"><br /> <p style="text-align: center;"><strong>Estate Tax (Rate)</strong></p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;"><strong>Inheritance Tax (Rate)</strong></p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"><strong>Exemption</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Alabama</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Alaska</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Arizona</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Arkansas</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">California</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Colorado</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Connecticut¹</td><br /> <td width="119"><br /> <p style="text-align: center;">12%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$13.61 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Delaware</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">District of Columbia</td><br /> <td width="119"><br /> <p style="text-align: center;">11.2%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$4.71 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Florida</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Georgia</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Hawaii</td><br /> <td width="119"><br /> <p style="text-align: center;">10%-20%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$5.49 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Idaho</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Illinois</td><br /> <td width="119"><br /> <p style="text-align: center;">0.8%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$4 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Indiana</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Iowa</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Kansas</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Kentucky²</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">4%-16%</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$0/$500/$1,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Louisiana</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Maine</td><br /> <td width="119"><br /> <p style="text-align: center;">8%-12%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$6.8 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Maryland³</td><br /> <td width="119"><br /> <p style="text-align: center;">0.8%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">10%</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$5 million (estate)</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Massachusetts</td><br /> <td width="119"><br /> <p style="text-align: center;">0.8%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$2 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Michigan</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Minnesota</td><br /> <td width="119"><br /> <p style="text-align: center;">13%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$3 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Mississippi</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Missouri</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Montana</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Nebraska</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">1%-18%</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$100,000/$40,000/$25,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Nevada</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">New Hampshire</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">New Jersey⁴</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">11%-16%</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$25,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">New Mexico</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">New York</td><br /> <td width="119"><br /> <p style="text-align: center;">3.06%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$6.94 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">North Carolina</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">North Dakota</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Ohio</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Oklahoma</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Oregon</td><br /> <td width="119"><br /> <p style="text-align: center;">10%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$1 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Pennsylvania⁵</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">4.5%-15%</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Rhode Island</td><br /> <td width="119"><br /> <p style="text-align: center;">0.8%-16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$1,774,583 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">South Carolina</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">South Dakota</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Tennessee</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Texas</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Utah</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Vermont</td><br /> <td width="119"><br /> <p style="text-align: center;">16%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$5 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Virginia</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Washington</td><br /> <td width="119"><br /> <p style="text-align: center;">10%-20%</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;">$2.193 million</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">West Virginia</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Wisconsin</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="123">Wyoming</td><br /> <td width="119"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="131"><br /> <p style="text-align: center;">None</p><br /> </td><br /> <td width="264"><br /> <p style="text-align: center;"></p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="4" width="637">¹ For estates of decedents dying in 2024, the Connecticut estate tax exemption was the same as the federal exemption ($13.61 million in 2024). The estate tax rate is 12% for amounts in excess of the exclusion.<br /> <br /> ²In Kentucky, the top inheritance tax rate is 16 percent (exemption threshold for Class C beneficiaries: $500; exemption threshold for Class B beneficiaries: $1,000; Class A beneficiaries, which is the majority, pay no inheritance tax).<br /> <br /> ³ Maryland’s inheritance tax does not apply to a child or direct descendent, the spouse of a child or direct descendent, a spouse, parent, grandparent, sibling, stepchild or stepparent. For others there is is a tax of 10%<br /> <br /> ⁴<span style="font-size: 9.0pt; line-height: 120%;">In New Jersey, spouses, domestic partners, civil union partners, parents, grandparents, children (including stepchildren), grandchildren (but not step grandchildren) are exempt from the inheritance tax. The $25,000 inheritance tax exemption applies to brothers and sisters of the decedent and spouses or civil union partners of the decedent’s child. There is no exemption for any other person who inherits.</span><br /> <br /> ⁵In Pennsylvania, the inheritance tax does not apply to surviving spouses, to a parent from a child aged 21 or younger, and to or for the use of a child aged 21 or younger from a parent. The Pennsylvania inheritance tax rates differ depending upon who inherits (children, grandchildren and spouses of children pay a 4.5% rate, while brothers and sisters pay a 12% rate, and all others pay a 15% rate). Adult children, grandparents, and parents are exempt up to $3,500.</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>Estate Tax Unified Credit</strong></h4><br /> <table class="aligncenter" style="height: 1235px;" width="1022"><br /> <tbody><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;"></p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;"><strong>Exclusion</strong></p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;"><strong>Unified</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;"><strong>Equivalent</strong></p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;"><strong>Credit</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125">      2006-2008</td><br /> <td width="125"><br /> <p style="text-align: center;">$2,000,000</p><br /> </td><br /> <td width="125">        $780,800</td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2009</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$3,500,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$1,455,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125">      2010-2011</td><br /> <td width="125">    $5,000,000</td><br /> <td width="125">     $1,730,800</td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2012</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$5,120,000</p><br /> </td><br /> <td width="125">     $1,772,800</td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2013</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$5,250,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$2,045,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2014</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$5,340,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$2,081,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2015</p><br /> </td><br /> <td width="125">    $5,430,000</td><br /> <td width="125">      $2,117,800</td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2016</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$5,450,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$2,125,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2017</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$5,490,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$2,141,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2018</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$11,180,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$4,419,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2019</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$11,400,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$4,505,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2020</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$11,580,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$4,577,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2021</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$11,700,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$4,625,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2022</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$12,060,000</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$4,769,8020</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2023</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$12,920,000</p><br /> </td><br /> <td width="125">     $5,113,800</td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2024</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$13,610,000</p><br /> </td><br /> <td width="125">     $5,389,800</td><br /> </tr><br /> <tr><br /> <td width="125"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="125"><br /> <p style="text-align: center;">$13,990,000</p><br /> </td><br /> <td width="125">     $5,541,800</td><br /> </tr><br /> <tr><br /> <td colspan="3" width="375">IRC Sec. 2010(c), as amended by EGTRRA 2001 and ATRA. Pub. Law No. 115-97 (2017 Tax Act).</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Gift Tax Unified Credit</strong></h4><br /> <table class="aligncenter" style="height: 1889px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="135"><br /> <p style="text-align: center;"></p><br /> </td><br /> <td width="126"><br /> <p style="text-align: center;"><strong>Exclusion</strong></p><br /> </td><br /> <td width="128"><br /> <p style="text-align: center;"><strong>Unified</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="135"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="126"><br /> <p style="text-align: center;"><strong>Equivalent</strong></p><br /> </td><br /> <td width="128"><br /> <p style="text-align: center;"><strong>Credit</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="135">      2010-2011</td><br /> <td width="126">$5,000,000</td><br /> <td width="128">$1,730,800</td><br /> </tr><br /> <tr><br /> <td width="135">             2012</td><br /> <td width="126">$5,120,000</td><br /> <td width="128">$1,772,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2013</td><br /> <td width="126">$5,250,000</td><br /> <td width="128">$2,045,800</td><br /> </tr><br /> <tr><br /> <td width="135">             2014</td><br /> <td width="126">$5,340,000</td><br /> <td width="128">$2,081,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2015</td><br /> <td width="126">$5,430,000</td><br /> <td width="128">$2,117,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2016</td><br /> <td width="126">$5,450,000</td><br /> <td width="128">$2,125,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2017</td><br /> <td width="126">$5,490,000</td><br /> <td width="128">$2,141,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2018</td><br /> <td width="126">$11,180,000</td><br /> <td width="128">$4,419,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2019</td><br /> <td width="126">$11,400,000</td><br /> <td width="128">$4,505,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2020</td><br /> <td width="126">$11,580,000</td><br /> <td width="128">$4,577,800</td><br /> </tr><br /> <tr><br /> <td width="135">           2021</td><br /> <td width="126">$11,700,000</td><br /> <td width="128">$4,625,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2022</td><br /> <td width="126">$12,060,000</td><br /> <td width="128">$4,769,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2023</td><br /> <td width="126">$12,920,000</td><br /> <td width="128">$5,113,800</td><br /> </tr><br /> <tr><br /> <td width="135">            2024</td><br /> <td width="126">$13,610,000</td><br /> <td width="128">$5,389,800</td><br /> </tr><br /> <tr><br /> <td width="135"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="126"><br /> <p style="text-align: left;">$13,990,000</p><br /> </td><br /> <td width="128"><br /> <p style="text-align: left;">$5,541,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="135"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td width="125"></td><br /> <td width="126"></td><br /> <td width="128"></td><br /> </tr><br /> <tr><br /> <td colspan="3" width="389">IRC Secs. 2505(a), 2010(c), as amended by EGTRRA 2001 and ATRA. Pub. Law No. 115-97 (2017 Tax Act).</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Maximum State Death Tax Credit (SDTC)</strong></h4><br /> <table class="aligncenter" style="height: 1454px;" width="90%"><br /> <tbody><br /> <tr><br /> <td colspan="2" width="192"><strong>Adjusted Taxable Estate</strong></td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Credit on</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Rate on</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;"><strong>From</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>To</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Col. 1</strong></p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;"><strong>Excess</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">$40,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">$90,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">$0</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">0.8%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">90,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">140,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">400</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1.6%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">140,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">240,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,200</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">2.4%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">240,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">440,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">3,600</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">3.2%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96">440,001</td><br /> <td width="96"><br /> <p style="text-align: center;">640,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">10,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">4.0%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96">640,001</td><br /> <td width="96"><br /> <p style="text-align: center;">840,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">18,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">4.8%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">840,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">27,600</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">5.6%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">1,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,540,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">38,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">6.4%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">1,540,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">2,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">70,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">7.2%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">2,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">2,540,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">106,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">8.0%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">2,540,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">3,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">146,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">8.8%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">3,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">3,540,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">190,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">9.6%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">3,540,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">4,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">238,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">10.4%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">4,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">5,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">290,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">11.2%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">5,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">6,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">402,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">12.0%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">6,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">7,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">522,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">12.8%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">7,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">8,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">650,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">13.6%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">8,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">9,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">786,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">14.4%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">9,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">10,040,000</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">930,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">15.2%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="96"><br /> <p style="text-align: center;">10,040,001</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">………</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">1,082,800</p><br /> </td><br /> <td width="96"><br /> <p style="text-align: center;">16.0%</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="4" width="384"><br /> <p style="text-align: left;">For this purpose, the term “adjusted taxable estate” means the taxable estate reduced by $60,000.</p><br /> </td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"></h4><br /> <h4 style="text-align: center;"><strong>Estate Tax Deferral: Closely Held Business</strong></h4><br /> <table class="aligncenter" style="height: 1552px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;"><strong>2% Interest Limitation</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2001</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$441,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2002</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$484,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2003</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$493,800</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2004</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$532,200</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2005</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$539,900</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2006</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$552,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2007</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$562,500</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2008</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$576,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2009</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$598,500</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2010</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$603,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2011</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$601,600</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2012</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$486,500</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2013</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$572,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2014</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$580,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2015</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$588,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2016</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$592,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2017</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$596,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2018</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$608,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2019</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$620,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2020</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$628,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2021</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$636,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2022</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$656,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2023</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$700,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2024</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$740,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$760,000</p><br /> </td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Special Use Valuation Limitation</strong></h4><br /> <table class="aligncenter" style="height: 1614px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;"><strong>Limitation</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2001</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$800,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2002</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$820,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2003</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$840,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2004</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$850,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2005</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$870,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2006</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$900,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2007</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$940,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2008</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$960,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2009</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,000,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2010</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,000,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2011</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,020,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2012</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,040,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2013</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,070,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2014</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,090,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2015</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,100,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2016</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,110,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2017</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,120,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2018</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,140,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2019</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,160,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2020</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,180,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2021</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,190,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2022</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,230,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2023</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,310,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2024</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,390,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="191"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="191"><br /> <p style="text-align: center;">$1,420,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="2" width="381">IRC Sec. 2032A(a)</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Qualified Conservation Easement Exclusion</strong></h4><br /> <table class="aligncenter" style="height: 463px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;"><strong>Exclusion<br /> Limitation</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">1998</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$100,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">1999</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$200,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2000</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$300,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2001</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$400,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2002 and thereafter</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$500,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="2" width="384">IRC Sec. 2031(c)(3).</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>Gift (and GST) Tax Annual Exclusion</strong></h4><br /> <table class="aligncenter" style="height: 586px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Annual<br /> Exclusion</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2009-2010</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$13,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2011-2012</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$13,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2013-2017</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$14,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2018-2021</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$15,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2022</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$16,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2023</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$17,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2024</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$18,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="193"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$19,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="2" width="387">IRC Sec. 2503(b).</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Gift Tax Annual Exclusion</strong></h4><br /> <h4 style="text-align: center;"><strong>(Donee Spouse not U.S. Citizen)</strong></h4><br /> <table class="aligncenter" style="height: 1643px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Annual<br /> Exclusion</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">1997-1998</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$100,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">1999</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$101,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2000</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$103,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2001</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$106,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2002</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$110,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2003</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$112,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2004</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$114,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2005</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$117,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2006</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$120,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2007</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$125,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2008</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$128,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2009</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$133,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2010</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$134,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2011</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$136,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2012</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$139,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2013</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$143,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2014</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$145,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2015</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$147,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2016</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$148,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2017</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$149,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2018</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$152,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2019</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$155,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2020</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$157,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2021</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$159,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2022</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">$164,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="2" width="387">IRC Sec. 2523(i). As updated by Rev. Proc. 2021-45.</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Generation-Skipping Transfer Tax Table</strong></h4><br /> <table class="aligncenter" style="height: 775px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Tax Rate</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2002</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">50%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2003</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">49%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2004</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">48%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2005</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">47%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2006</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">46%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2007-2009</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">45%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2010</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">0%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2011-2012</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">35%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2013-2024</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;">40%</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194">                    2025</td><br /> <td width="194"><br /> <p style="text-align: center;">TBD</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="2" width="388">IRC Secs. 2641, 2001(c), 2664, as amended by EGTRRA 2001 and ATRA.</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>Generation-Skipping Transfer Tax Exemption</strong></h4><br /> <table class="aligncenter" style="height: 1503px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;"><strong>GST<br /> Exemption</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192">                     2001</td><br /> <td width="192">              $1,060,000</td><br /> </tr><br /> <tr><br /> <td width="192">                    2002</td><br /> <td width="192">              $1,100,000</td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2003</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$1,120,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2004-2005</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$1,500,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2006-2008</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$2,000,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2009</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$3,500,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2010-2011</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,000,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2012</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,120,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2013</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,250,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2014</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,340,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2015</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,430,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2016</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,450,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2017</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$5,490,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2018</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$11,180,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2019</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$11,400,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2020</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$11,580,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2021</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$11,700,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2022</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$12,060,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2023</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$12,920,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2024</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$13,610,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="192"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="192"><br /> <p style="text-align: center;">$13,990,000</p><br /> </td><br /> </tr><br /> <tr><br /> <td colspan="2" width="383">*Plus increases for indexing for inflation after 2012.</td><br /> </tr><br /> <tr><br /> <td colspan="2" width="383">IRC Secs. 2631, 2010(c), as amended by EGTRRA 2001 and ATRA, Pub. Law No. 115-97 (2017 Tax Act).</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;"><strong>Indexed Amounts Source</strong></h4><br /> <table class="aligncenter" style="height: 1636px;" width="90%"><br /> <tbody><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Year</strong></p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><strong>Rev. Proc.</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2003</p><br /> </td><br /> <td width="194">2002-70, 2002-46 IRB 845</td><br /> </tr><br /> <tr><br /> <td width="194">                   2004</td><br /> <td width="194">2003-85, 2003-49 IRB 1184</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2005</p><br /> </td><br /> <td width="194">2004-71, 2004-50 IRB 970</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2006</p><br /> </td><br /> <td width="194">2005-70, 2005-47 IRB 979</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2007</p><br /> </td><br /> <td width="194">2006-53, 2006-48 IRB 996</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2008</p><br /> </td><br /> <td width="194">2007-66, 2007-45 IRB 970</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2009</p><br /> </td><br /> <td width="194">2008-66, 2008-45 IRB 1107</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2010</p><br /> </td><br /> <td width="194">2009-50, 2009-45 IRB 617</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2011</p><br /> </td><br /> <td width="194">2010-40, 2010-46 IRB 663</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2012</p><br /> </td><br /> <td width="194">2011-52, 2011-45 IRB 701</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2013</p><br /> </td><br /> <td width="194">2012-15, 2013-5 IRB 444</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2014</p><br /> </td><br /> <td width="194">2013-35, 2013 -47 IRB 537</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2015</p><br /> </td><br /> <td width="194">2014-61,2014-47 IRB 860</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2016</p><br /> </td><br /> <td width="194">2015-53, 2015-44 IRB 1</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2017</p><br /> </td><br /> <td width="194">2016-55, 2016-45 IRB 1</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2018</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><span style="font-family: inherit; font-size: inherit;">2017-58, 2017-42 IRB 1; Pub. Law No. 115-97 (2017 Tax Act)</span></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2019</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><span style="font-family: inherit; font-size: inherit;">2018-57, 2018-49, IRB 1</span></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2020</p><br /> </td><br /> <td width="194"><br /> <p style="text-align: center;"><span style="font-family: inherit; font-size: inherit;">2019-44, 2019-47, IRB 1</span></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2021</p><br /> </td><br /> <td width="194">2020-45, 2020-46, IRB 1</td><br /> </tr><br /> <tr><br /> <td width="194">                   2022</td><br /> <td width="194">2021-45, 2021-48, IRB 1</td><br /> </tr><br /> <tr><br /> <td width="194">                  2023</td><br /> <td width="194">2022-38; 2022-45 IRB 445</td><br /> </tr><br /> <tr><br /> <td width="194">                  2024</td><br /> <td width="194">2023-34, 2023-48 IRB 1287</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;">2025</p><br /> </td><br /> <td width="194">             2024-40</td><br /> </tr><br /> <tr><br /> <td width="194"><br /> <p style="text-align: center;"></p><br /> </td><br /> <td width="194"></td><br /> </tr><br /> </tbody><br /> </table><br /> &nbsp;<br /> <br /> <style>.accordion-body table td {<br /> padding: -12px !important;<br />}</style></section>

<h4 style="text-align: center;">(Tax Years Beginning in 2019 and beyond)</h4><br /> <p class="PA">The American Taxpayer Relief Act of 2012 (ATRA) made the income tax brackets put into place under the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) permanent and added a new top tax bracket for certain high income taxpayers. The permanence of the ATRA provisions eliminated much of the uncertainty faced by taxpayers in previous years.</p><br /> <p class="PA">Under ATRA, for tax years beginning after 2012 and before 2018, individual income tax rates are set at 10 percent, 15 percent, 25 percent, 28 percent, 33 percent, 35 percent and 39.6 percent. Under the 2017 Tax Act (Pub. Law No. 115-97), individual income tax rates are set at 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent for tax years beginning after 2017 and before 2026.</p><br /> &nbsp;<br /> <p style="text-align: center;"><strong>Individual 2024 Tax Rates</strong></p><br /> <br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td colspan="5"><br /> <p style="text-align: center;"><strong>Taxable Income </strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;"><strong>Tax Rate </strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Single </strong></td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;"><strong>Married Filing Jointly Including Qualifying Widow(er) with Dependent Child </strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Married Filing Separately </strong></td><br /> <td style="text-align: center;"><strong>Head of Household </strong></td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">10%</p><br /> </td><br /> <td style="text-align: center;">$0 to $11,600</td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;">$0 to $23,200</p><br /> </td><br /> <td style="text-align: center;">$0 to $11,600</td><br /> <td style="text-align: center;">$0 to $16,550</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">12%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$11,600-$47,150</p><br /> </td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;">$23,200-$94,300</p><br /> </td><br /> <td style="text-align: center;">$11,600-$47,150</td><br /> <td><br /> <p style="text-align: center;">$16,550-$63,100</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">22%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$47,150-$100,525</p><br /> </td><br /> <td style="text-align: center;">$94,300-$201,050</td><br /> <td style="text-align: center;">$47,150-$100,525</td><br /> <td><br /> <p style="text-align: center;">$63,100-$100,500</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">24%</td><br /> <td style="text-align: center;">$100,525-$191,950</td><br /> <td>$201,050-$383,900</td><br /> <td>$100,525-$191,950</td><br /> <td>$100,500-$191,950</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">32%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$191,950-$243,725</p><br /> </td><br /> <td style="text-align: center;">$383,900-$487,4500</td><br /> <td style="text-align: center;">$191,950-$243,725</td><br /> <td><br /> <p style="text-align: center;">$191,950-$243,700</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">35%</p><br /> </td><br /> <td style="text-align: center;">$243,725-$609,350</td><br /> <td style="text-align: center;">$487,450-$731,200</td><br /> <td style="text-align: center;">$243,725-$365,600</td><br /> <td><br /> <p style="text-align: center;">$243,700-$609,350</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">37%</p><br /> </td><br /> <td style="text-align: center;">Over $609,350</td><br /> <td style="text-align: center;">Over $731,200</td><br /> <td style="text-align: center;">Over $365,600</td><br /> <td><br /> <p style="text-align: center;">Over $609,350</p><br /> </td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Estate and Trusts 2024 Tax Rates</strong></h4><br /> <table class=" aligncenter" width="578"><br /> <tbody><br /> <tr><br /> <td width="345"><br /> <p style="text-align: center;"><strong>Tax Rate</strong></p><br /> </td><br /> <td><br /> <p style="text-align: center;"><strong>Trusts and Estate Income</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">10%</td><br /> <td><br /> <p style="text-align: center;">$0-$3,100</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$310 plus 24% of the excess over $3,100</td><br /> <td><br /> <p style="text-align: center;">$3,100-$11,150</p><br /> </td><br /> </tr><br /> <tr><br /> <td>$2,242 plus 35% of the excess over $11,150</td><br /> <td><br /> <p style="text-align: center;">$11,150-$15,200</p><br /> </td><br /> </tr><br /> <tr><br /> <td>$3,659 plus 37% of the excess over $15,200</td><br /> <td>                Over $15,200</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <p style="text-align: center;"><strong>Individual 2023 Tax Rates</strong></p><br /> <br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td colspan="5"><br /> <p style="text-align: center;"><strong>Taxable Income </strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;"><strong>Tax Rate </strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Single </strong></td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;"><strong>Married Filing Jointly Including Qualifying Widow(er) with Dependent Child </strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Married Filing Separately </strong></td><br /> <td style="text-align: center;"><strong>Head of Household </strong></td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">10%</p><br /> </td><br /> <td style="text-align: center;">$0 to $10,275</td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;">$0 to $20,550</p><br /> </td><br /> <td style="text-align: center;">$0 to $10,275</td><br /> <td style="text-align: center;">$0 to $14,650</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">12%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$10,275-$41,775</p><br /> </td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;">$20,550-$83,550</p><br /> </td><br /> <td style="text-align: center;">$10,275-$41,775</td><br /> <td><br /> <p style="text-align: center;">$14,650-$55,900</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">22%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$41,775-$89,075</p><br /> </td><br /> <td style="text-align: center;">$83,550-$178,150</td><br /> <td style="text-align: center;">$41,775-$89,075</td><br /> <td><br /> <p style="text-align: center;">$55,900-$89,050</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">24%</td><br /> <td style="text-align: center;">$89,075-$170,050</td><br /> <td>$178,150-$340,100</td><br /> <td>$89,075-$170,050</td><br /> <td>$89,050-$170,050</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">32%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$170,050-$215,950</p><br /> </td><br /> <td style="text-align: center;">$340,100-$431,900</td><br /> <td style="text-align: center;">$170,050-$215,950</td><br /> <td><br /> <p style="text-align: center;">$170,050-$215,950</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">35%</p><br /> </td><br /> <td style="text-align: center;">$215,950-$539,900</td><br /> <td style="text-align: center;">$431,900-$647,850</td><br /> <td style="text-align: center;">$215,950-$323,925</td><br /> <td><br /> <p style="text-align: center;">$215,950-$539,900</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">37%</p><br /> </td><br /> <td style="text-align: center;">Over $539,900</td><br /> <td style="text-align: center;">Over $647,850</td><br /> <td style="text-align: center;">Over $323,925</td><br /> <td><br /> <p style="text-align: center;">Over $539,900</p><br /> </td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;"><strong>Estate and Trusts 2023 Tax Rates</strong></h4><br /> <table class=" aligncenter" width="578"><br /> <tbody><br /> <tr><br /> <td width="345"><br /> <p style="text-align: center;"><strong>Tax Rate</strong></p><br /> </td><br /> <td><br /> <p style="text-align: center;"><strong>Trusts and Estate Income</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">10%</td><br /> <td><br /> <p style="text-align: center;">$0-$2,900</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$290 plus 24% of the excess over $2,900</td><br /> <td><br /> <p style="text-align: center;">$2,900-$10,550</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$2,126 plus 35% of the excess over $10,550</td><br /> <td><br /> <p style="text-align: center;">$10,550-$14,450</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$3,491 plus 37% of the excess over $14,450</td><br /> <td>                Over $14,450</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4></h4><br /> <h4 style="text-align: center;">Individual 2022 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td colspan="5"><br /> <p style="text-align: center;"><strong>Taxable Income </strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;"><strong>Tax Rate </strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Single </strong></td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;"><strong>Married Filing Jointly Including Qualifying Widow(er) with Dependent Child </strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Married Filing Separately </strong></td><br /> <td style="text-align: center;"><strong>Head of Household </strong></td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">10%</p><br /> </td><br /> <td style="text-align: center;">$0 to $11,000</td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;">$0 to $22,000</p><br /> </td><br /> <td style="text-align: center;">$0 to $11,000</td><br /> <td style="text-align: center;">$0 to $15,700</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">12%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$11,000-$44,725</p><br /> </td><br /> <td style="text-align: center;"><br /> <p style="text-align: center;">$22,000-$89,450</p><br /> </td><br /> <td style="text-align: center;">$11,000-$44,725</td><br /> <td><br /> <p style="text-align: center;">$15,700-$59,850</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">22%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$44,725-$95,375</p><br /> </td><br /> <td style="text-align: center;">$89,450-$190,750</td><br /> <td style="text-align: center;">$44,725-$95,375</td><br /> <td><br /> <p style="text-align: center;">$59,850-$95,350</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">24%</td><br /> <td style="text-align: center;">$95,375-$182,100</td><br /> <td>$190,750-$364,200</td><br /> <td>$95,375-$182,100</td><br /> <td>$95,350-$182,100</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">32%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$182,100-$231,250</p><br /> </td><br /> <td style="text-align: center;">$364,200-$462,500</td><br /> <td style="text-align: center;">$182,100-$231,350</td><br /> <td><br /> <p style="text-align: center;">$182,100-$231,250</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">35%</p><br /> </td><br /> <td style="text-align: center;">$231,250-$578,125</td><br /> <td style="text-align: center;">$462,500-$693,750</td><br /> <td style="text-align: center;">$231,350-$346,865</td><br /> <td><br /> <p style="text-align: center;">$231,250-$578,100</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">37%</p><br /> </td><br /> <td style="text-align: center;">Over $578,125</td><br /> <td style="text-align: center;">Over $693,750</td><br /> <td style="text-align: center;">Over $346,875</td><br /> <td><br /> <p style="text-align: center;">Over $578,100</p><br /> </td><br /> </tr><br /> </tbody><br /> </table><br /> <p style="text-align: center;"><strong>Estates and Trusts 2022 Tax Rates</strong></p><br /> <br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td width="345"><br /> <p style="text-align: center;"><strong>Tax Rate</strong></p><br /> </td><br /> <td><br /> <p style="text-align: center;"><strong>Trusts and Estate Income</strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">10%</td><br /> <td><br /> <p style="text-align: center;">$0 to $$2,750</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$275 plus 24% of the excess over $2,750</td><br /> <td><br /> <p style="text-align: center;">$2,750-$9,850</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$1,979 plus 35% of the excess over $9,850</td><br /> <td><br /> <p style="text-align: center;">$9,850-$13,450</p><br /> </td><br /> </tr><br /> <tr><br /> <td width="345">$3,239 plus 37% of the excess over $13,450</td><br /> <td>Over $13,450</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;">Individual 2021 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td colspan="5"><br /> <p style="text-align: center;"><strong>Taxable Income </strong></p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;"><strong>Tax Rate</strong></p><br /> </td><br /> <td style="text-align: center;"><strong>Single</strong></td><br /> <td style="text-align: center;"><strong>Married Filing Jointly Including Qualifying Widow(er) with Dependent Child</strong></td><br /> <td style="text-align: center;"><strong>Married Filing Separately</strong></td><br /> <td style="text-align: center;"><strong>Head of Household</strong></td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">10%</p><br /> </td><br /> <td style="text-align: center;">$0 to $9,950</td><br /> <td style="text-align: center;">$0 to $19,900</td><br /> <td style="text-align: center;">$0 to $9,950</td><br /> <td style="text-align: center;">$0 to $14,200</td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">12%</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$9,950-$40,525</p><br /> </td><br /> <td style="text-align: center;">$19,900-$81,050</td><br /> <td style="text-align: center;">$9,950-$40,525</td><br /> <td><br /> <p style="text-align: center;">$14,200-$54,200</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">22%</td><br /> <td style="text-align: center;">$40,525-$86,375</td><br /> <td style="text-align: center;">$81,050-$172,750</td><br /> <td style="text-align: center;">$40,525-$86,375</td><br /> <td><br /> <p style="text-align: center;">$54,200-$86,350</p><br /> </td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">24%</td><br /> <td style="text-align: center;">$86,375-$164,925</td><br /> <td style="text-align: center;">$172,750-$329,850</td><br /> <td><br /> <p style="text-align: center;">$86,375-$164,925</p><br /> </td><br /> <td><br /> <p style="text-align: center;">$86,350-$164,900</p><br /> </td><br /> </tr><br /> <tr><br /> <td><br /> <p style="text-align: center;">32%</p><br /> </td><br /> <td style="text-align: center;">$164,925-$209,425</td><br /> <td style="text-align: center;">$329,850-$418,850</td><br /> <td style="text-align: center;">$164,925-$209,425</td><br /> <td><br /> <p style="text-align: center;">$164,900-$209,400</p><br /> </td><br /> </tr><br /> <tr><br /> <td>35%</td><br /> <td>$209,425-$523,600</td><br /> <td>$418,850-$628,300</td><br /> <td>$209,425-$314,150</td><br /> <td>$209,400-$523,600</td><br /> </tr><br /> <tr><br /> <td>37%</td><br /> <td>Over $523,600</td><br /> <td>Over $628,300</td><br /> <td>Over $314,150</td><br /> <td>Over $523,600</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;">Estates and Trusts 2021 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td style="text-align: center;" width="174"><strong>Tax Rate</strong></td><br /> <td style="text-align: center;" width="234"><strong>Trusts and Estate Income</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">10%</td><br /> <td style="text-align: center;" width="234">$0 to $2,650</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$265 plus 24% of the excess over $2,650</td><br /> <td style="text-align: center;" width="234">$2,650-$9,550</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$1,921 plus 35% of the excess over $9,550</td><br /> <td style="text-align: center;" width="234">$9,550-$13,050</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$3,146 plus 37% of the excess over $13,050</td><br /> <td style="text-align: center;" width="234">Over $13,050</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;">Individual 2020 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td style="text-align: center;" colspan="5"><strong>Taxable Income</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;"><strong>Tax Rate</strong></td><br /> <td style="text-align: center;"><strong>Single</strong></td><br /> <td style="text-align: center;"><strong>Married Filing Jointly Including Qualifying Widow(er) with Dependent Child</strong></td><br /> <td style="text-align: center;"><strong>Married Filing Separately</strong></td><br /> <td style="text-align: center;" width="147"><strong>Head of Household</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">10%</td><br /> <td style="text-align: center;">$0 to $9,875</td><br /> <td style="text-align: center;">$0 to $19,750</td><br /> <td style="text-align: center;">$0 to $9,875</td><br /> <td style="text-align: center;" width="147">$0 to $14,100</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">12%</td><br /> <td style="text-align: center;">$9,875-$40,100</td><br /> <td>$19,750-$80,200</td><br /> <td>$9,875 -$40,100</td><br /> <td width="147">$14,100-$53,700</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">22%</td><br /> <td style="text-align: center;">$40,100-$85,525</td><br /> <td style="text-align: center;">$80,200-$171,050</td><br /> <td style="text-align: center;">$40,100-$85,525</td><br /> <td style="text-align: center;" width="147">$53,700-$85,500</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">24%</td><br /> <td>$85,525-$163,300</td><br /> <td>$171,050-$326,600</td><br /> <td>$85,525-$163,300</td><br /> <td width="147">$85,500-$163,300</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">32%</td><br /> <td style="text-align: center;">$163,300-$207,350</td><br /> <td style="text-align: center;">$326,600-$414,700</td><br /> <td style="text-align: center;">$163,300-$207,350</td><br /> <td style="text-align: center;" width="147">$163,300-$207,350</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">35%</td><br /> <td style="text-align: center;">$207,350-$518,400</td><br /> <td style="text-align: center;">$414,700-$622,050</td><br /> <td style="text-align: center;">$207,230-$311,025</td><br /> <td style="text-align: center;" width="147">$207,350-$518,400</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">37%</td><br /> <td style="text-align: center;">Over $518,400</td><br /> <td style="text-align: center;">Over $622,050</td><br /> <td style="text-align: center;">Over $311,025</td><br /> <td style="text-align: center;" width="147">Over $518,400</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;">Estates and Trusts 2020 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td style="text-align: center;" width="174"><strong>Tax Rate</strong></td><br /> <td style="text-align: center;" width="234"><strong>Trusts and Estate Income</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">10%</td><br /> <td style="text-align: center;" width="234">$0 to $2,600</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$260 plus 24% of the excess over $2,600</td><br /> <td style="text-align: center;" width="234">$2,600-$9,450</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$1,868 plus 35% of the excess over $9,300</td><br /> <td style="text-align: center;" width="234">$9,450-$12,950</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$3,075.50 plus 37% of the excess over $12,750</td><br /> <td style="text-align: center;" width="234">Over $12,950</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;">Individual 2019 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td style="text-align: center;" colspan="5"><strong>Taxable Income</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;"><strong>Tax Rate</strong></td><br /> <td style="text-align: center;"><strong>Single</strong></td><br /> <td style="text-align: center;"><strong>Married Filing Jointly Including Qualifying Widow(er) with Dependent Child</strong></td><br /> <td style="text-align: center;"><strong>Married Filing Separately</strong></td><br /> <td style="text-align: center;" width="147"><strong>Head of Household</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">10%</td><br /> <td style="text-align: center;">$0 to $9,700</td><br /> <td style="text-align: center;">$0 to $19,400</td><br /> <td style="text-align: center;">$0 to $9,700</td><br /> <td style="text-align: center;" width="147">$0 to $13,850</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">12%</td><br /> <td style="text-align: center;">$9,700-$39,475</td><br /> <td style="text-align: center;">$19,400-$78,950</td><br /> <td style="text-align: center;">$9,700-$39,475</td><br /> <td style="text-align: center;" width="147">$13,850-$52,850</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">22%</td><br /> <td style="text-align: center;">$39,475-$84,200</td><br /> <td>$78,950-$168,400</td><br /> <td>$39,475-$84,200</td><br /> <td width="147">$52,850-$84,200</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">24%</td><br /> <td style="text-align: center;">$84,200-$160,725</td><br /> <td style="text-align: center;">$168,400-$321,450</td><br /> <td style="text-align: center;">$84,200-$160,725</td><br /> <td style="text-align: center;" width="147">$84,200-$160,700</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">32%</td><br /> <td style="text-align: center;">$160,725-$204,100</td><br /> <td style="text-align: center;">$321,450-$408,200</td><br /> <td style="text-align: center;">$160,725-$204,100</td><br /> <td style="text-align: center;" width="147">$160,700-$204,100</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">35%</td><br /> <td>$204,100-$510,300</td><br /> <td>$408,200-$612,350</td><br /> <td>$204,100-$306,175</td><br /> <td width="147">$204,100-$510,300</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;">37%</td><br /> <td style="text-align: center;">Over $510,300</td><br /> <td style="text-align: center;">Over $612,350</td><br /> <td style="text-align: center;">Over $306,175</td><br /> <td style="text-align: center;" width="147">Over $510,300</td><br /> </tr><br /> </tbody><br /> </table><br /> <h4 style="text-align: center;">Estates and Trusts 2019 Tax Rates</h4><br /> <table class=" aligncenter"><br /> <tbody><br /> <tr><br /> <td style="text-align: center;" width="174"><strong>Tax Rate</strong></td><br /> <td width="234"><strong>Trusts and Estate Income</strong></td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">10%</td><br /> <td style="text-align: center;" width="234">$0 to $2,600</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$260 plus 24% of the excess over $2,600</td><br /> <td style="text-align: center;" width="234">$2,600-$9,300</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$1,868 plus 35% of the excess over $9,300</td><br /> <td style="text-align: center;" width="234">$9,300-$12,750</td><br /> </tr><br /> <tr><br /> <td style="text-align: center;" width="174">$3,075.50 plus 37% of the excess over $12,750</td><br /> <td style="text-align: center;" width="234">Over $12,750</td><br /> </tr><br /> </tbody><br /> </table><br /> &nbsp;