Why Business Valuation is Heating Up for Estate and Gift Tax Planning Purposes
By: Natasha Perssico Escobedo, MBA, CPA, ASA-BV and Miranda Kishel, MBA, CVA, CBEC
Forthcoming Changes in Gift and Estate Tax Thresholds
In the complex world of gift and estate tax planning, significant changes are on the horizon. The 2026 sunset, a date circled in red on the calendars of tax professionals and high-net-worth individuals, potentially signifies the end of the current, more generous tax-free lifetime estate and gift tax thresholds.
Understanding Estate and Gift Taxes
The estate tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the date of your death.
