The federal estate tax exemption is going up again for 2025. Though, the higher IRS inflation-adjusted number may not come as a surprise to most. However, 2025 will be a pivotal tax year.
No one knows what the long-term future may bring. How Married Couples Can Lose a $12.06 Estate Tax Exemption In the event of a death, we should consider taking advantage of the current $12.06 ...
Key changes in estate and gift tax exemptions and valuation rules for 2025 offer expanded benefits, though some are temporary: Estate and gift tax exemption: The lifetime exemption rises to $ ...
Planning for the Future While the current estate, gift, and generation-skipping transfer tax exemptions are in a state of flux with the potential sunset of the Tax Cuts and Jobs Act, the ...