The IRS published regulations on Friday that there will not be a claw back in the event exemptions are reduced in 2026, when the current tax levels expire. We recommend clients consider making lifetime gifts to use some of the federal estate tax exemptions before the exemption is reduced.
Please feel free to give us a call if you would like to discuss this further.
IRS Says Millionaires Can Keep Estate Tax Benefits After 2025
Sims & Campbell, LLC – Annapolis and Towson Estate Planning Attorneys