The Countdown Begins: Will We Keep the $13.6 Million Estate Tax Exemption?

The year 2026 is quickly approaching, bringing substantial changes that may affect your estate tax situation. The Tax Cuts and Jobs Act (TCJA) in 2017 significantly increased the federal estate tax exemption to $10 million per person.  Because of adjustments for inflation, the estate tax and gift tax exemptions are now $13.6 million per person. […]