estate tax exemption Archives

Dec42024

The Future of Estate Tax Laws Under Trump

The Future of Estate Tax Laws Under the Trump Administration: Why Now Is the Time to Review Your Estate Plan With Donald Trump re-elected as President, discussions about tax policy changes are back at the forefront, particularly regarding estate taxes. The current estate tax laws, set to sunset on December 31, 2025, may undergo significant…

Feb152019

Does a Surviving Spouse Have To File An Estate Tax Return?

Will You Owe Taxes On Your Spouse’s Estate? Currently, the estate tax exemption in Connecticut is $12.92 million per person. So although an Estate Tax Return must be filed for every decedent, tax is due from very few estates. And even if the decedent’s assets exceeded $12,920,000, there is an unlimited marital deduction, so if…