The key to understanding the federal estate tax lies in the exemption threshold. For 2025, this threshold is set at $13.99 million for individuals. If your estate is valued at or below this amount, ...

A provision in the new tax code could change the way Americans pass down their homes, and the wealth tied up in them. The One Big Beautiful Bill Act (OBBBA) makes permanent what had previously been a ...

A new law makes major changes to the federal estate tax. Learn how the permanent $15 million exemption for 2026 and beyond ...

The recently enacted One Big Beautiful Bill Act (OBBBA) brings sweeping and permanent changes to the federal estate, gift and generation-skipping transfer (GST) tax landscape. Most notably, it ...

With the Big Beautiful Bill reshaping estate and gift taxes, Jennifer Cona shares year-end strategies to maximize charitable giving and update estate plans.

The new omnibus budget bill sets the federal estate-tax exemption at $15 million for the next year and provides for the threshold to remain permanently high - but that does not take estate planning ...

While the federal estate tax exemption rose to $15 million in 2025, New York’s exemption remains at about $7.16 million, with a “cliff” that heavily taxes estates just above that amount. Proper ...

As with the Tax Cuts and Jobs Act (TCJA) in 2017, the 2025 calendar year ushered in a new set of tax legislation – the One Big Beautiful Bill ...

The One Big Beautiful Bill Act (OBBBA) permanently raises the estate and gift tax exclusion to $15 million per person, beginning in 2026, and is indexed for inflation. These changes may affect estate ...

For those who have a gut feeling that the richest Americans are getting richer while the rest of us are getting poorer or just treading water, the evidence is that they are right. Not since the start ...

There is currently no federal estate tax or Generation-Skipping Transfer ("GST") tax for persons dying in 2010. Additionally, only a limited income tax basis step-up of assets held at death exists, ...

For wealthy families—and especially those with significant real estate holdings—the change is a game changer. Before OBBBA, the exemption was scheduled to fall by nearly half in 2026, reverting to pre ...