Client Alert – Unintended Consequences of New Federal Estate Tax Exemption Affects Many Wills

The new tax Act signed into law on December 22, 2017 made sweeping changes to the federal tax law. Of particular relevance to estate planning, the Act doubles a taxpayer’s  gift and estate tax exemption.  However, the doubling of these exemptions may have unintended consequences that affect many existing wills and estate plans.  The Client Alert can be found here.

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