Editor's note: Although we don't frequently post articles aimed at advisors with individual clients, we thought the information in this article would still be useful to some readers.
While the GOP tax reform framework clearly calls for a complete repeal of both the estate tax and the generation skipping transfer (GST) tax, the lack of details offered by the plan has created a confusing planning environment for clients—especially high net worth clients.
If one thing is certain, it is that the framework creates an era of uncertainty for clients whose estates would be valued above the estate tax exemption amount (currently $5.49 million per individual).
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.