The Vance Crowe Podcast cover image

#284 | Elizabeth Schlesinger; Estate Planning, Rights of Children, Wealth Transfer

The Vance Crowe Podcast

00:00

The Wealth Transfer Tax System

Under current law individuals can pass about 12 million dollars of assets cumulatively during their lifetime or upon their death without incurring any transfer tax married couple share this exemption so spouses can pass a total of about 24 million dollars without incurring tax. Once transfers can pass to whom like if they are 24 million between the two of them to their children or to whom they want inside outside the family there's no restriction on relationships.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app