Wealth Studio

Category: estate-planning

  • Are You Prepared for the Estate Tax Change?

    Are You Prepared for the Estate Tax Change?

    The IRS charges a 40% tax at death on any part of your estate over “the exemption” of $13.61M (as of 2024).  Legislation effective 2026 will reduce the exemption roughly by half. Shifting assets out of your estate before death can help you avoid paying millions in taxes and significantly…