The Estate Tax Lives On

The Estate Tax Lives On

Reports of the death of the federal estate tax are premature.

Significantly, the TCJA retains the federal estate- and gift-tax systems but doubles the federal estate tax exemption to $11.2 million for 2018. (The $5 million exemption was scheduled to be indexed to $5.6 million in 2018.) This increase will vanish after 2025.

As a result, estate tax planning remains a top priority for wealthy individuals—with additional complexity.  Please contact the JMF Estate department with any questions.

By | 2018-03-08T22:01:30+00:00 March 10th, 2018|Estate & Trust, Individual Tax, News & Events|0 Comments

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Bobby M. Bragg

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