Upcoming Estate Tax Law Changes: How They May Impact Your Strategy

I want to inform you about significant changes to the estate tax laws that will take effect after December 31, 2025, due to the sunset of the Tax Cuts and Jobs Act (TCJA). These changes may have important implications for your estate planning strategy.

What’s Changing:

The lifetime federal estate and gift tax exemption will decrease from $13.6 million per individual to approximately $6.8 million. Learn more about the changes in this short video.

How to Prepare:

• Review Your Goals: Reflect on your estate and gifting objectives.
• Consult Your Advisors: Speak with your financial professional to understand the impact on your estate.
• Reevaluate Your Strategy: Assess whether your current estate plan needs adjustments or acceleration.

Given the complexity of these changes, I encourage you to start planning now. Please reach out today to begin the conversation.