A Basic Guide to Estate Taxes
An estate tax is imposed in the US on the transfer of assets from a deceased person's estate to heirs or beneficiaries. An estate tax is not the same as an inheritance tax. It’s a tax on the total value…
Comparing Tax Reform and Estate Planning
As federal estate tax laws, gifts, and GST exemptions fluctuate, it may be necessary to update your estate plan annually. Since 2018, federal tax assessment on estates above $11.7 million, indexed for inflation every year, will default back to pre-2018 exemption…