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High Net-Worth Tax Cuts and Jobs Act Gift-Tax Exemption

Holland & Knight LLP

Maximize Your Legacy: Take Advantage of the High Estate and Gift Tax Exemption Sunset

Holland & Knight LLP on

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

Husch Blackwell LLP

Understanding the 2026 Changes to the Estate, Gift, and Generation-Skipping Tax Exemptions

Husch Blackwell LLP on

The Tax Cuts and Jobs Act of 2017 provided major changes to the Internal Revenue Code, specifically doubling the federal estate, gift, and generation-skipping transfer (GST) tax exemption (collectively, the exemption) from...more

Holland & Hart LLP

Will the Current Estate and Gift Tax Exemptions be Reduced before 2025?

Holland & Hart LLP on

The Tax Cuts and Jobs Act increased the estate and gift tax exemption to $10 million per person, adjusted for inflation. Under this regime, the exemption available to each American in 2019 is $11.4 million. The increased...more

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