Blog
One Minute Tax Update
Posted on: 02/22/2018The 2017 Tax Cuts and Jobs Act brings major federal tax changes. Important to us estate planning attorneys, the new law doubles the estate and gift tax exemption, from $5.49 million in 2017 to approximately $11.2 million in 2018. The new tax law maintains “portability” (which allows surviving spouses to use their deceased spouse’s unused exemption), meaning a married couple’s combined estate […]
Read more