Posts Tagged ‘ IDGT ’

2016 Estate Planning News

by Christopher D. Carico | Partner

Change in Tax Focus of Basic Estate Planning

The federal government’s recent adoption of “portability,” allowing the transfer of the deceased spouse’s estate tax exclusion to the surviving spouse, and the fixing of the maximum federal estate tax rate at 40%, has shifted the tax planning focus for estate planners from estate taxes planning to capital gains tax for couples with wealth under $11,000,000.  Those couples may now be better…

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