Posted by Steven A. Harris | Estate Planning
For years, estate planning attorneys and their clients watched the federal estate tax exemption with uncertainty. The increased exemption established by the 2017 Tax Cuts and Jobs Act was scheduled to expire at the end of 2025, which would have dropped the exemption from nearly $14 million per person back to roughly $5 million. That …
Continue reading "What Does the $15 Million Estate Tax Exemption Mean for Alabama Families in 2026?"