We are living in an era of estate tax that was unimaginable just 2 years ago. Rejoice.
Thanks to a law that goes by the unwieldy name of the Tax Relief, Unemployment Reauthorization and Job Creation Act of 2010, and the more snappily-named Tax Cuts and Jobs Act of 2017, U.S. citizens in 2018 had estate and gift tax exemptions of $11.18 million per person.
That means that if you die...
Founded in 1984, Hammerle Finley Law Firm represents clients at every stage of life. Our areas of practice include business law, litigation, employment law, family law, estate planning, probate & guardianship, banking law, and personal injury.