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Join the Movement. Blog 4 Good

Tax Reform Act Doubles Gift, Estate and GST Tax Exemptions

By Marc Bloostein, Cameron Casey, Kimberly Cohen, Brenda Diana, Jennifer Ewing, Megan K. Hall, Geoff Mason & Christi Lazo
January 4, 2018
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Congress has passed and President Trump has signed new tax reform legislation (the “Act”). Although the Act falls short of repealing the “death tax”, it doubles the amount an individual may transfer free of tax either by gift during lifetime or at death, rendering federal transfer taxes irrelevant for all but the wealthiest of Americans.

To read the full alert, click here.

Photo of Marc Bloostein Marc Bloostein
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Photo of Cameron Casey Cameron Casey
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Photo of Kimberly Cohen Kimberly Cohen
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Photo of Brenda Diana Brenda Diana
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Photo of Jennifer Ewing Jennifer Ewing
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Photo of Megan K. Hall Megan K. Hall
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Photo of Christi Lazo Christi Lazo
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  • Posted in:
    Financial, Tax
  • Blog:
    Disputing Tax
  • Organization:
    Ropes & Gray
  • Article: View Original Source

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