Estate Tax

Estate Tax: 5 Important Facts | Change in Law a Welcome Relief

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...