News & Analysis as of

Inheritance Tax Rates

Lasher Holzapfel Sperry & Ebberson PLLC

New Washington Estate Tax Law Raises Exemption, Hikes Rates for Wealthy

Since 2018, estate planning legislation in Washington has remained stagnant. Increases in our legislated estate tax exemption rate had been tied to a Consumer Price Index that no longer existed, and the legislature largely...more

Goodwin

Key Takeaways from the Autumn Budget 2024

Goodwin on

Rachel Reeves, the first female Chancellor of the Exchequer in the role’s 800-year history, delivered Labour’s first budget in 14 years on the 30th October. We have set out below a brief summary of some of the tax measures...more

BCLP

Autumn Budget 2024 - 10 Key Tax Points for Business

BCLP on

Yesterday, 30 October 2024, the Chancellor announced that the Autumn 2024 budget will raise taxes by £40bn, the biggest raise since 1993. While the Autumn budget arguably does not portray as pessimistic an outlook for...more

Robins Kaplan LLP

Trust and Estate Law: South Dakota Dynasty Trusts 101

Robins Kaplan LLP on

Usually, estate planning involves the creation of an updated will, a health care directive, and assigning a power of attorney. But sometimes an estate needs more, especially when a large or growing inheritance is involved....more

Baker Donelson

Business Succession Planning in the Current Tax Environment

Baker Donelson on

Business succession planning in the current tax environment may require an adjustment in thinking from traditional planning. Traditional planning usually attempts to transfer ownership of the business to the next owner (often...more

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