As I understand it, the exemption for each person would be doubled ... to around $11,000,000.00. Not sure what happens to "portability," ... in other words if some part of the $11,000,000.00 isn't used by a spouse, does the unused portion of the $11,000,000.00 get added to the surviving spouse's $11,000,000.00? Supposedly, all estate taxes are ended in 2024.
