The $15 million estate tax exemption under the OBBBA removes the urgency of immediate taxable estate concerns that would have resulted from the exemption dropping to $7 million.
reported by 2 outlets · Asserted cause · first recorded Jul 8, 4:30 AM
How each outlet reported it
stuttgartdailyleader.comUnrated · Jul 8, 12:45 AM
The federal estate and gift tax exemption has been increased to $15 million per individual ($30 million per couple) and indexed for inflation on a permanent basis
Details: $15 million per individual; $30 million per couple; permanent basis
kiplinger.comUnrated · Jul 8, 12:45 AM
The $15 million exemption removes the urgency of immediate taxable estate concerns that would have resulted from the exemption dropping to $7 million
Details: $15 million removes urgency