Preparing for a Sunset of the Federal Estate Tax Exemption
This article was authored by Semmes law clerk Gabrielle Rachuba.
October, 2024 | By Carl E. Eastwick
The Federal Estate Tax is a tax on the transfer of property at death. The Federal Estate Tax Exemption sets the maximum value of assets an individual can leave to their heirs upon death without incurring Federal Estate Taxes. In other words, estates valued below the exemption threshold are not subject to Federal Estate Tax.…