U.S. Estate Tax: Heading Toward the Cliff on January 1, 2026
Margaret O'Sullivan
February 23, 2024
There is increasing uncertainty about the future of U.S. estate tax. On the one hand, under U.S. legislation that temporarily halved the lifetime exemption amount passed during the Trump administration, the lifetime exclusion amount is set to decrease on January 1, 2026, to $5M (USD) adjusted for inflation since 2011,