Q: What will the new federal estate exclusion amount be for people who die in 2024?

by | Dec 27, 2023 | Estate Planning, Q&A |

A: For people who die in 2024, the net worth of their estate must be greater than $13.61 million dollars for their estate to owe any federal estate taxes. The married couple exclusion amount, therefore, will be $27.22 million dollars!