Thursday, Oct. 1, 2020
The current high gift and estate tax exemptions will not be around forever — they are set to go from $10 million to $5 million in 2026 if nothing changes, and possibly sooner. So the "middle wealthy" will need ways to protect their assets with that in mind. In the current issue, Tennessee Bar Journal columnist Dan Holbrook outlines the ways to advise your client. Read "To Halve or Halve Not: The Federal Estate Tax Exemption Drops in Half in 2026 (and Maybe in 2021)."
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