Estate Tax Exemption 2024 Sunset In India. In 2024 the exemption amount is $13.61 million, meaning that if someone were to pass away, he or she could leave up to $13.61 million of their estate to someone without any of that $13.61 million being subject to estate tax. The estate tax exemption in 2024 is $13.61 million for individuals and $27.22 million for couples.
2) act, 2024 may be referred to alongwith direct tax vivad se vishwas rules, 2024. With the impending sunset of the current estate tax exemptions at the end of 2025, there are several strategic planning tools and techniques that can help minimize estate tax liability and maximize the benefits for your heirs.
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