The new tax law doubled the estate tax exclusion through 2025. This article, by my friend and colleague Steve Hartnett, an experienced and qualified estate planning attorney, looks at the exact amount of the new exclusion (it’s not what you thought) and how it might be useful. The article also examines why there’s no reason not to take advantage of the newly-doubled exclusion.
Treasury Releases New Inflation Adjustment
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- 5 Types of Assets A Will Does Not Cover - January 22, 2022
- How Do I Know If Probate Is Necessary for My Spouse’s Estate? - January 20, 2022
- Can an Agent Make Gifts Using a Power of Attorney? - January 18, 2022
