
The new tax law doubles the estate tax exemption to more than 11 million dollars for individuals and 22 million dollars for couples.
Omaha, Nebraska-based attorney Dave Dvorak, who specializes in farm and ranch estate planning, says it’s a very positive development.
“Because the focus so often, historically, was on avoidance of taxes, at the detriment of the non-tax planning objectives. Which, quite frankly, are the most important ones—dealing with the family dynamics and the succession of the farming operation,” Dvorak says.
Continue reading Attorney applauds estate tax changes at Brownfield Ag News.
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