How to Plan for the Looming Estate Tax Issue (Ep. 89)

The once-generous estate and gift tax exemptions set by the Tax Cuts and Jobs Act (TCJA) are due to sunset on December 31, 2025. Is your estate plan ready for the challenge? In this episode, Kyle Malmstrom, Managing Director, and Christopher Hyman, Director of Insurance Solutions, refer to strategies to reduce the estate tax liability …

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The once-generous estate and gift tax exemptions set by the Tax Cuts and Jobs Act (TCJA) are due to sunset on December 31, 2025.

Is your estate plan ready for the challenge?

In this episode, Kyle Malmstrom, Managing Director, and Christopher Hyman, Director of Insurance Solutions, refer to strategies to reduce the estate tax liability that may significantly increase for many high-net-worth families after the TCJA expires.

Kyle and Chris discuss:

A brief overview of how exemption limits have changed over the years
The importance of creating liquidity well before the transfer of estate (especially for business and real estate owners)
Tax and liquidity benefits of an irrevocable life insurance trust (ILIT)
Why you should seek expert guidance in estate planning and structuring any trusts
And more

Connect with Kyle Malmstrom:

[email protected] 
LinkedIn: Kyle Malmstrom

Connect with Christopher Hyman:

[email protected] 
LinkedIn: Christopher Hyman

Connect with Centura Wealth Advisory:

(858) 771-9500
Centura Wealth Advisory
LinkedIn: Centura Wealth Advisory