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
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
By Geoffrey N. Taylor The Tax Cuts and Jobs Act made significant changes to the ...
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.