This post was written by Larry Blair. The 2017 Tax Act dramatically increased the federal, gift, and generation skipping transfer exemption to $11.18 million per person. The increased exemption [...]
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President Trump signed the Tax Cuts and Jobs Act of 2017 (“TCJA”) on December 22, 2017. Since most of the TCJA sunsets on December 31, 2025, the TCJA is inherently temporary. What Changed. The [...]
