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Estate Tax Exemption Sunset 2026 - Seth Schlessel
From Schlessel Law PLLC - As the Estate Tax Exemption Sunset 2026 approaches, the landscape of estate planning is set to undergo significant changes that will impact New York residents. In this episode, we delve into the implications of the Tax Cuts and Jobs Act of 2017, which temporarily increased the federal estate tax exemption but is now slated to revert to its pre-2018 levels. With these adjustments on the horizon, many estates that were previously exempt from federal estate taxes may face new tax burdens, making it essential to revisit and revise estate planning strategies.Our…
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