Estate Taxes Articles

Weekly Washington Update: Michigan Primary Surprises: What the Biden & Trump Wins Reveal

Congress Averts a Shutdown Yet Again: Following intense negotiations and a high-profile White House meeting early this week, congressional leaders and appropriators came to an agreement to avoid a partial government shutdown. The agreement contains a short-term...

Give it away now? Today’s favorable estate tax is set to expire after 2025

Paulina MejiaNational Fiduciary CounselFiduciary Trust InternationalUnder current tax law, individuals can transfer up to $13.61 million and married couples can transfer up to $27.22 million tax free. But that lifetime estate tax exemption amount is set to be cut in...

Taxation & Representation: IRS Commissioner to Face Possible Grilling

Internal Revenue Service (IRS) Commissioner Daniel Werfel will return to Capitol Hill on Thursday to testify before the House Ways and Means Committee. What topics will generate discussion—and criticism? Below are Brownstein’s top five areas where members are most...

Tax Implications for Family Business Succession Planning in 2024 and Beyond

Tax Implications for Family Business Succession Planning in 2024 and Beyond   By Brian Bissell  Just like individual family dynamics, every family business is unique, with different needs and requirements, necessitating bespoke solutions and approaches to...
Estate Tax Overview

Estate Tax Overview

The estate tax (also known as the death tax) is one of three taxes on assets and businesses passed from one person to...

read more