Anticipated Reduction in Federal Estate Tax Exemption: The federal estate tax exemption is scheduled to decrease from approximately $13.99 million to around $7 million per individual after December 31, 2025. It’s crucial to explore strategies to utilize the current higher exemption before it reverts to lower levels.
As the federal estate tax exemption is expected to shrink drastically by 2026, individuals are urged to take advantage of the current higher limit to shield their assets. Explore strategies before time runs out.