A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

Estate tax treaties between the U.S. and foreign countries help foreigners with U.S. assets. They do not help U.S. citizens ...

Understanding and applying the principles of strategic gifting allows you to reduce your estate tax liabilities significantly. It facilitates a seamless wealth transition and upholds your ...

Most families won’t have to worry about paying federal estate taxes after a death – the basic exclusion amount is $12.92 million for 2023 – but heirs may be responsible for paying federal ...

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of $13.99 million per person ($27.98 million per married ...

No estate tax was owed upon either parent’s death — ownership was transferred to their children and grandchildren. Income is shared with future generations. This transfer of wealth was made in ...