In 2024, the federal estate tax ranges from 18% to 40%, depending on how much the value of the estate exceeds the current exemption limit of $13.61 million. In addition to the federal tax ...
While President Trump's first day back in office involved many executive orders and memorandums, none addressed estate ...
Here's what to keep an eye on, what to expect and how to prepare your estate planning strategy in light of potential changes.
Note: Not to be confused with inheritance tax (which is levied on the heirs of the deceased), the limit for the federal estate tax (levied on the estate) is quite high (i.e., $13.99 million for ...
There will also be an increase in the standard deductions. Rates have gone up for the estate tax exclusion, which is how much ...
A Virginia man pleaded guilty to real estate and tax fraud after he attempted to buy a $1.3 million home in Roanoke County ...
By Andrew Duehren Andrew Duehren covers tax policy ... Trump on taking federal action to halt New York City’s congestion pricing plan, the attendees said. Pushing the Limits: In a flurry ...
The maximum loan amount is $1,209,750 in 2025 ... In 2024, the first $13.61 million of assets are exempt from federal estate taxes. In 2025, the amount is $13.99 million. Seventeen states and ...
As we enter 2025, it’s important to stay informed about the current federal estate and gift tax laws, including annual exclusion limits ...
Some financial advisors are readying their clients for the possibility of an extension of the TCJA, which is set to expire at ...
Canada’s top export to the United States is energy products, mostly oil and gas. Almost all of the crude oil that Canada ...