Federal estate and gift tax rules are poised for a major shift in 2026, affecting how much wealth families can transfer during life or at death without triggering federal tax.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, ushered in significant federal tax changes. Below are several key provisions ultra-high-net-worth (UHNW) families and ...

The federal estate and gift tax exemption changes from year to year, and prior to the passing of the One Big Beautiful Bill (OBBB), there was ...

Fact checked by Suzanne Kvilhaug Reviewed by Ebony Howard In December 2017, President Donald Trump signed a new tax bill into law. Known previously as the Tax Cuts and Jobs Act (TCJA), the reform has ...

The pick-up tax allowed states to share in federal estate tax proceeds without increasing estate liability and was phased out ...