The tax limits for 2018 have changed. The applicable estate tax exemption for 2018 has increased to $11.2 million per individual (an increase from the 2017 rate of $5.49 million per individual). Therefore married couples can pass $22.4 million free from federal estate tax. The generation skipping transfer tax remains unified with the applicable estate tax exemption at $11.2 million per person. The annual gift tax exclusion has also increased this year to $15,000 (an increase from the 2017 rate of $14,000).