With the increase in the Federal estate tax exemption to $11,180,000,
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Ensuring a Basis Step Up at the First Spouse’s Death
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.
For many years, one of the primary goals of estate planning has been the minimization of federal estate tax
Among the sweeping tax law changes made by the massive Tax Cuts and Jobs Act (“Act”) are provisions that will result in many fewer estates being subject to federal gift and estate taxes.
Among the many tax issues our lawmaking friends in Washington, D.C. are debating is the fate of the federal estate tax.
My previous article, Got Creditors? New Michigan Trust Can Protect You, introduced the Qualified Dispositions in Trust Act