• Each individual’s exemptions from federal estate, gift and GST taxes have roughly doubled to approximately $11,200,000
• The increased exemptions are available only temporarily, through 2025
• We recommend that you...more
2/14/2018
/ Estate Planning ,
Estate Tax ,
Federal Taxes ,
Generation-Skipping Transfer ,
Gift Tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
State Taxes ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Reform ,
Trump Administration
On August 2, 2016, the Internal Revenue Service and the Treasury Department issued proposed regulations intended to substantially limit the use of discounts in valuing intra-family transfers of interests in family-controlled...more