However, 2025 will be a pivotal tax year. If the Tax Cuts and Jobs Act (TCJA) were left to expire, as of 2026, the estate exemption amount could revert to a lower base threshold. However ...

Estate tax changes in 2025. The Tax Cuts and Jobs Act of 2017 significantly raised the federal estate tax ceiling, but its provisions expire at the end of 2025. If the exemption r ...

Unless Congress acts, on Jan. 1, 2026, the estate, gift and generation-skipping transfer (GST) tax exemption amounts will be cut in half. A decrease in the exemption amount could result in ...

The biggest taxation difference in estate planning relates to the federal estate tax exemption amount (“exemption”). This is the threshold amount after which the IRS says your heirs must pay the 40% ...

or exemption amount, per person in 2024 or $13.99 million in 2025. For each tax tier, you pay a base tax charge and an additional marginal rate. State estate tax rules differ from state to state ...

However, the Congressional Budget Office expects that revenue "to increase sharply after 2025, when the amount exempt from estate tax is scheduled to drop" in half due to the expiration of the Tax ...