Estates, Gifts & Trusts


The tax reform bills in both the House and Senate would each roughly double the federal estate and gift tax unified credit applicable exclusion amount. The House bill would repeal the federal estate tax, effective for decedents dying after 2024 (while also retaining the provision allowing a “stepped-up” income tax basis at death). The Senate bill would preserve the federal estate tax. Follow our news feed below to keep track of recent developments. 

Special Briefing Report: Estates, Gifts & Trusts


Wealthy Benefit From Estate Tax Changes, AMT Repeal in House Bill

Comparing the House Tax Bill With the GOP Framework, Current Law

GOP Plan to Kill Estate Tax Sets Up Charitable Giving Conflict (Bloomberg News)

The Effect of the Federal Estate Tax Repeal on States

A Death Sentence for the Federal Estate Tax? States Watching Closely


Allyson Versprille on Trump’s Estate Tax Plan with Bloomberg Radio

Tax Reporter Allyson Versprille appeared on Politics, Policy and Power to discuss the six major issues standing in the way of President-elect Trump’s proposed changes to the estate tax.