Numerous estate tax law changes may soon be initiated. Some possible changes in the horizon could include a reduction of the Estate Tax exemption to $3.5 million per individual. Another possible potential change would entail an increase in tax rates for estates in higher tax brackets. The chances of these estate tax laws being passed in the near future are surely not low. As the future remains uncertain, it is an important time to seek advice from our estate planning attorneys. At Peterson, Berk & Cross, S.C., we help our clients create a beneficial plan tailored to their unique situation.
