Donors

NEW YORK, NY -- The Internal Revenue Service announced today the official estate and gift tax limits for 2019: The estate and gift tax exemption is $11.4 million per individual, up from $11.18 million in 2018. That means an individual can leave $11.4 million to heirs and pay no federal estate or gift tax, while a married couple will be able to shield $22.8 million. The annual gift exclusion amount remains the same at $15,000. For the ultra rich, these numbers represent planning opportunities. For everybody else, they serve as a reminder: Even if you don’t have a taxable estate, you still need an estate plan.

HARTFORD, CT -- The generous members and supporters of the Black Giving Circle at the Hartford Foundation for Public Giving have successfully completed a $25,000 fundraising campaign making the Fund eligible to receive a $25,000, dollar-for-dollar matching contribution to support the needs of Greater Hartford’s Black community.