The Estate and Gift Tax exemption levels have again increased for 2023 under the 2017 Tax Cuts and Jobs Act (the Trump Tax Cuts). However, these increases may not last forever and will have an impact on how one does their estate planning and qualifies for long-term care.
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro
0:34 - Gift Tax Increasing
2:23 - Estate or Death Tax
4:39 - Future Changes
5:29 - Why These Taxes Matter
6:41 - Outro
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*Disclaimer*
Viewing this video does not create the expectation of an Attorney-client relationship. The information from this video is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation.
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