News & Analysis as of

Transfer Taxes Gift Tax Estate-Tax Exemption

Kohrman Jackson & Krantz LLP

PART 4: One Big Beautiful Bill Act – Impact on Charitable Giving and Estate Planning

Signed into law on July 4, 2025, the OBBBA permanently extends many provisions from the 2017 Tax Cuts and Jobs Act while introducing new rules for charitable giving and increasing estate and gift tax thresholds starting...more

Lathrop GPM

History and Outlook of the Federal Estate Tax

Lathrop GPM on

At the end of 2025, the federal estate and gift tax exemption will dramatically decrease unless Congress affirmatively passes a law saying otherwise. This event is the “sunsetting” of a 2018 federal tax law and is leading...more

ArentFox Schiff

2024 Estate Planning Outlook: Transfer Tax Changes are on the Horizon

ArentFox Schiff on

The Tax Cuts and Jobs Act of 2017 (TCJA) significantly increased the lifetime estate and gift tax exemption from $5.6 million to $11.18 million for individuals, with adjustments for inflation starting in 2018. For 2023, the...more

Davis Wright Tremaine LLP

DWT Estate Planning Update

From time to time, we provide updates in the estate planning area. While the November 2022 federal elections resulted in a divided Congress that dampens the likelihood of major federal tax legislation, we thought this would...more

Proskauer Rose LLP

Personal Planning Strategies - September 2021

Proskauer Rose LLP on

You have probably heard that the House Ways and Means Committee released proposals for increasing gift and estate taxes in order support legislation being advanced by the Democratic majority in Congress. ...more

Proskauer Rose LLP

Wealth Management Update - December 2014

Proskauer Rose LLP on

December Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts - The December Section 7520 rate for use with estate planning techniques such as CRTs, CLTs,...more

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