Tag Archives: estate tax exemption
Potential Estate Planning Effects of the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act, signed into law by President Donald Trump at the tail end of 2017, has wide-ranging implications when it comes to taxes, divorce and estate planning. High-wealth individuals and families benefit the most under the estate planning-related provisions of the law. Therefore, if you have a large, valuable estate, it’s […]
What Tax Changes Occurred in 2014 for Estate Planning?
Inflation adjustments affect federal estate tax deductions and in that regard can affect estate planning. Keeping up with the changes in federal laws that govern estates can be challenging, which is why working with your lawyer is important. It seems like the legislature proposes changes every few years. The following are areas you should be […]