One or More of These Trusts Could Offer You Several Advantages, Especially by 2026. See What May Be Right for You.
The moves you make or don’t make in the next couple of years could critically change your estate tax liabilities. That’s because sunsetting tax laws are set to cut current estate tax exemptions roughly in half on January 1, 2026, assuming no new tax laws are passed first.
If you think that’s a problem for your heirs to worry about, think again.
The changing exclusions apply to federal estate taxes and gift taxes, meaning they could affect large gifts made during your lifetime and:
- They could subject you to much greater tax liabilities if you haven’t taken the right steps ahead of time.
- It’s not too late to get up to speed with what’s happening, figure out your options, and put some prudent strategies in place now.
To that end, let’s walk through five trusts that can offer powerful flexibility and solutions to prepare for the 2026 estate tax exemption change. Those trusts include: