Condor Capital Management

Explore: What Are the Gift and Estate Tax Rules After Tax Reform?

What Are the Gift and Estate Tax Rules After Tax Reform?

Estate

The Tax Cuts and Jobs Act, signed into law in December 2017, approximately doubled the federal gift and estate tax basic exclusion amount to $11.18 million in 2018 (adjusted for inflation in later years). After 2025, the exclusion is scheduled to revert to its pre-2018 level and be cut approximately in half. Otherwise, federal gift and estate taxes remain the same.

Continue reading “What Are the Gift and Estate Tax Rules After Tax Reform?”

Share this article: