Private Wealth Partner John Collins and Associate Zachary Arons authored an article for Lexis+ Practical Guidance about the major impacts of the Tax Cuts and Jobs Act of 2017 (TCJA) on the US tax system, focusing on the estate tax exemption set to expire at the end of 2025. It delves into strategic estate planning opportunities to utilize the increased exemption amount before its expiration, aiming to optimize wealth transfer and reduce potential estate tax liabilities. Strategies such as Spousal Lifetime Access Trusts and Family Limited Partnerships are highlighted. John and Zachary also consider possible legislative actions that may affect these planning approaches.
"Riding Into the (Tax) Sunset: Pre-2026 Estate Planning Considerations," Lexis+ Practical Guidance, March 28, 2025
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
