The estate, or death tax, is a crucial financial consideration for those with substantial estates. Currently, individuals can pass up to $13.61 million tax-free, but this is set to change on January 1, 2026, when the exemption will likely drop by 50% due to law changes. Depending on the political landscape, exemptions may decrease to $3.5 million, and tax rates could rise to 55%. If you have an estate exceeding $7 million, understanding these changes and planning ahead is vital. Consult with estate planning professionals now to safeguard your assets for your heirs.
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues.
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