It's time to create an estate plan to take advantage of the big tax exemption
February 18, 2020 at 08:57 AM EST
The estate-tax exemption rose to $11.58 million in 2020, $180,000 higher than the year before. It's set to expire at sunset in 2025, so experts are advising entrepreneurs to strike now and create an estate plan to take advantage of today's favorable estate tax environment.