As part of the Tax Cuts and Jobs Act (TCJA), the estate and gift tax exemption was doubled for tax years 2018-2025. In 2018, the exemption doubled from $5.49 million in 2017 to $11.18 million in 2018, and that amount has been...more
7/15/2024
/ Estate Planning ,
Gift Tax ,
Gift-Tax Exemption ,
High Net-Worth ,
Income Taxes ,
Irrevocable Trusts ,
IRS ,
SLAT ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Wealth Management