The $10 million exemption amount has not eliminated estate planning, only transformed it. The focus has shifted from estate tax planning to income tax and basis planning. Get the latest strategies for plans above and below the exemption amounts. Draft estate plans with flexibility to weather the 2026 sunset provisions. Amend, modify, or terminate older A-B trusts, separate trusts, and irrevocable trusts. Use general powers of appointment.
Watch so you can:
- Encourage lifetime gifting
- Strategize with Straight or Clayton QTIP
- Prepare for possible clawback of portability elections
- Draft for flexibility