Gop Tax Bill

Learn how the GOP Tax Bill affects estate planning with higher exemption limits, trust strategies, and tax implications for families planning their legacy.

What changes did the GOP Tax Bill make to estate tax exemptions?

The GOP Tax Bill significantly increased the federal estate tax exemption, allowing individuals to transfer more wealth without triggering estate taxes. This higher exemption threshold means fewer families face estate taxes, while those who do can explore trust structures to help manage larger estates. The changes also affect gift tax planning and how families approach wealth transfer strategies.