Estate Tax Changes in 2025

Understanding the anticipated changes in tax laws and regulations in 2025 will become increasingly crucial. One area that requires attention is the estate tax sunset at the end of 2025. The estate tax, also known as the inheritance, death, or wealth transfer tax, is a levy on transferring an individual’s property to heirs upon death. Those intending to pass assets must understand how their estate and heirs may be impacted after 2025.