Newsletter – Begin Planning in 2024 to Protect your Assets from Estate Tax Law Changes
The Countdown Begins: Will We Keep the $10 Million Exemption?
The Tax Cuts and Jobs Act significantly increased the federal estate tax exemption to $10 million adjusted for inflation. However, the countdown has begun for the potential sunset of this generous exemption by the end of 2025. Read more to learn about the history and potential future of the estate tax exemption.
Case Study: How Concerned Should You Be About Estate Tax Issues?
If you have significant wealth, you may be exposed to future estate tax burdens that must be acted on before the Tax Cuts and Jobs Act reduces the estate tax exemption in 2026. Read more to explore estate planning and tax considerations you should be thinking about.
If You Own Any of These, You Need to Watch Their Value
At the end of 2025, the $10 million, adjusted for inflation, estate tax exemption may revert to the pre-2017 exemption amount, cutting it almost in half. Read more to find out the accounts and property you need to pay close attention to.
Invite your Financial Advisor to an Estate Tax Planning Meeting with Jim Ruggiero, Esq.
Ruggiero Law Offices LLC