The federal estate tax exemption is set to be cut nearly in half in 2026. Here is what this means for your family and the strategies you must implement now.
The federal estate tax exemption is scheduled to drop from $13.61 million to approximately $7 million per person on January 1, 2026. For families with taxable estates, this is the most significant planning event in a generation. Here is what you need to know and what to do before the deadline.