Estate Tax Exemption Clock Is Ticking Even Faster for These Wealthy Clients

Analysis August 06, 2024 at 05:00 PM
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What You Need To Know

  • The historically high estate tax exemption could fall by about 50% at the end of 2025.
  • Planning may be especially apt for private equity principals holding carried interest rights.
  • Clients who wait too long to engage legal and accounting experts may find themselves out of luck.
Tax-Rules-Sunsetting, Estate-Tax-Exemption-Sunset image from Adobe Stock