Estate tax treaties between the U.S. and foreign countries help foreigners with U.S. assets. They do not help U.S. citizens ...
President Trump has long expressed his desire to repeal the estate tax, but will this become a reality in his second term?
For trusts and estates professionals, the big question is what will happen to the estate tax exemption with President Donald ...
In the Philippines, foreign exchange transactions—particularly the buying of foreign currencies—are regulated. Individuals ...
At a glance, the Tax Cuts and Jobs Act temporarily doubled the unified gift and estate tax exemption from $5.6 million per individual to $11.18 million ($13.6 million in 2024, after adjusting for ...
The federal gift and estate tax exemption and the generation-skipping transfer tax exemption increased to $13,990,000 per person. The federal gift tax annual exclusion amount increased to $19,000 ...
US citizens residing in Europe must consider the potential for estate and inheritance tax exposure by both the European ...
The generation-skipping trust tax exclusion is the same as the gift and estate tax lifetime exemption: $13.99 million for single taxpayers in tax year 2025 or $27.98 million for couples filing ...
The author writes "This year, estate planning practitioners have significant opportunities for estate tax savings for our high-net-worth clients. Time is critical though, and there are some traps for ...