We want to bring your attention to an important update in estate and gift tax laws that may impact you in the near future. The federal lifetime gift and estate tax exemptions, which currently allow individuals to shield up to $13.61 million and couples up to $27.22 million from estate tax, are set to expire…
The amount of money you can pass to your family through your estate is at an all-time high. But it will go down by at least 50% in 2026. Then big tax bills will be owed by your family. Right now, if you were to die, the government allows $11.7 million of your estate to…
