New “permanent” $15 million exemption offers a sense of stability, but also complicates traditional estate planning strategies. With fewer automatic sunsets and more political friction required for future changes, planners and families must reevaluate their assumptions and consider a more nuanced, tax-efficient approach to lifetime giving and wealth transfer.

Pleasanton estate planning attorney explains estate and gift tax rules and considerations for 2025. Keeping step with recent years since...

As described in this article, 2023 marks the highest estate and gift tax exemptions to date.

Life insurance is a great tool for estate planning. However, there are nuances that sometimes get overlooked which, if left unchecked,...

"In this world, nothing is certain except death and taxes." - Benjamin Franklin When it comes to estate taxes (otherwise referred to as...

Instead of focusing on estate tax reform, or the "billionaire tax," the current focus proposes increased taxes on incomes over 10 million.

Bill provisions reduce the Estate Tax Exemption from $11.7 Million down to $5 Million adjusted for inflation. effective next year.

Discussion of the potential loss of the step-up in basis and resulting planning strategies.

Biden's American Families Plan did not include provisions to expand estate taxes, and instead focused on capital gains.

People are eager to look into ways to gift away assets now, taking advantage of the current gift and estate tax exemption.

Although many thought is would pass, Senate Bill 378 will not be appearing on the 2020 ballot. There are currently no California Death...

There are a number of estate planning strategies that can help preserve your assets, promote the transfer of wealth, and lessen the tax...

When one spouse dies, it is generally recommended that the surviving spouse consider filing an Estate Tax return to elect portability.

Estate planning for farmers and ranchers can involve many pitfalls for the unwary. First mistake: some farmers think they don’t have to...

Estate taxes have been less and less of a concern due to the steadily increasing exemption, which is currently $11.4 million per...

Estate planning attorneys advise meeting about how the Tax Cuts and Jobs Act could affect your taxes. If you haven’t had a talk with your...

There’s a time limit on the current opportunity for tax-free giving. It expires after tax year 2025 (unless Congress alters the...

As part of an overall estate planning strategy, says JD Supra in the article “Estate Planning: The Irrevocable Life Insurance Trust,” an...

When looking into charitable giving, it can easily become overwhelming. Talking to an experienced estate planning attorney can help make...

Increases in the estate tax exemption (up to $11.4 million per person as of the date of this writing) has an impact on how some people...