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2. IRS Increases Gift and Estate Tax Exempt Limits - AOL

   www.aol.com/finance/irs-increases-gift-estate...

   Barring an extension or new legislation, the lifetime estate and gift tax exemption is due to revert to the pre-2017 Tax Cuts and Jobs Act level of $5.49 million at midnight on Dec. 31, 2025.

3. Estate planning checklist: 7 key steps to making a successful ...

   www.aol.com/finance/estate-planning-checklist-7...

   The estate tax exemption is $13.99 million for 2025, so any individual estates below that level are not subject to the tax. ... As of 2024, 12 states and the District of Columbia levy an estate ...

4. What Is the Tax Cuts and Jobs Act (TCJA)? - AOL

   www.aol.com/finance/tax-cuts-jobs-act-tcja...

   Increased estate tax exemption: The estate tax exemption increased to $13.6 million in 2024 for single filers. It increased to $13.99 million for the 2025 tax year.

5. Estate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Estate_tax_in_the_United...

   Exemption amounts under the state estate taxes vary, ranging from the federal estate tax exemption amount or $5.34 million, indexed for inflation (two states) to $675,000 (New Jersey). The most common amount is $1 million (three states and the District of Columbia).

6. Tax Cuts and Jobs Act - Wikipedia

   en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

   For deaths occurring between 2018 and 2025, estates that exceed $11.2 million are subject to a 40% estate tax at time of death, increased from $5.6 million previously. For a married couple aggregating their exemptions, an estate exceeding $22.4 million is subject to a 40% estate tax at time of death. [38]

7. What Will Happen If Congress Doesn’t Extend the Expiring Tax ...

   www.aol.com/happen-congress-doesn-t-extend...

   From 2018 to 2025, the TCJA actually reduced the property value on which homeowners could deduct their mortgage interest, to $750,000 from $1 million. ... For 2024, the estate tax exemption is $13 ...

8. Generation-skipping transfer tax - Wikipedia

   en.wikipedia.org/wiki/Generation-skipping...

   The exemption amount is increased annually by an inflation adjustment as is the estate/gift tax exemption. With the enactment of the Tax Cuts and Jobs Act of 2017, these exemptions were doubled through December 31, 2025. Thus, as of January 1, 2024, the GST exemption amount is $13.61 million per person (inclusive of the inflation adjustment ...

9. New Tax Worry for the Rich: 4 Possible ‘Estate Tax’ Changes ...

   www.aol.com/tax-worry-rich-4-possible-180050221.html

   The TCJA introduced a federal lifetime estate and gift tax exemption of up to $13.61 million for single taxpayers in 2024 ($27.22 million for joint filers). ... 4 Possible ‘Estate Tax’ Changes ...