Prior to estate tax “portability,” if a married couple had or were likely to have a combined net worth in excess of the amount of the exemption
You were smart and bought some type of crypto-currency (Bitcoin, Ethereum, Ripple, etc.).
With the federal estate tax exemption now set at a robust $11,180,000 per person (thank you Tax Cuts and Jobs Act),
A recent Michigan Court of Appeals decision addressed whether a note a decedent left on his cellphone can constitute the decedent’s will
With the increase in the Federal estate tax exemption to $11,180,000,
Our estate planning attorneys have received numerous questions regarding the effect of the recent Tax Cuts and Jobs Act (“TCJA”) on existing estate plans.