Exemption

Learn about estate tax exemptions and how they protect your assets. Discover current exemption limits and explore strategies to preserve wealth for your family.

What is the estate tax exemption?

The estate tax exemption is the amount of assets you can pass to heirs without triggering federal estate taxes. For 2024, this exemption is $13.61 million per person. Assets above this threshold may be subject to federal estate tax rates up to 40%.