Episode 50: Changes to Estate Tax Exemptions with Heather Walser

by Financial Design Studio, Inc. / September 6, 2024

Estate planning can be as much about taxes as it is about beneficiaries. With the Tax Cuts and Jobs Act of 2017 sunsetting in 2025, there are going to be significant changes to the Estate Tax Exemptions. In this episode, Heather Walser, a shareholder and the lead estate planning attorney at Lavelle Law, shares the changes coming to estate tax exemptions and how people can prepare their estates.

Take a listen right here, or head over to your favorite steaming platform!

Key Moments

2:40 Who is impacted by Estate Tax Exemptions?

4:50 About the Tax Cuts and Jobs Act of 2017

11:52 How to value your total estate

19:53 Know your Net Worth

24:37 What tools can you use to plan?

31:28 What’s the timeline of these planning decisions?

36:00 How do the exemption limits impact retirement accounts?

43:33 Miscellaneous observations and closing thoughts

Links Related to Life Insurance Policies

Learn more about Heather Walser, shareholder and lead estate planning attorney at Lavelle Law, here!

Find out more about Lavelle Law, their attorneys, and legal services at their website here!

For Heather’s 101 on estate planning, take a listen to Episode 25, “Creating Successful Estate Plans and Strong Family Relationships.”

Watch this video to learn what ways you can change your net worth.

Read our article “What Are the Latest Inherited IRA Rules?” or watch our video, “Inherited IRA Distributions POST Secure Act (2020).“

Read more about the ways we help our clients think through their estate plans.

Stay Connected!

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