Estate Tax Planning for High Net Worth (Avoid the 40% Death Tax)

Are you prepared for the 2025 estate tax "sunset"? In this video, we break down essential estate tax planning strategies for high-net-worth individuals. Go here https://www.texasestateandprobatelawy... to schedule a free consultation today.

Learn why the current $13.5M exemption is about to be cut in half and how a 40% federal tax could impact your family's legacy. We cover gifting strategies, 529 plans, and the critical differences between revocable and irrevocable trusts. Don’t let the government take nearly half of your hard-earned wealth—start planning your mitigation strategy today.

Key Takeaways:

The 40% Burden: The federal estate tax (or "death tax") is a staggering 40% on assets above the exemption limit.

2025 Exemption Limits: For 2025, the exemption is approximately $13.5 million for individuals and $27 million for married couples.

The "Sunset" Warning: These high exemption limits are set to "sunset" (expire) in the next year or so, which will effectively cut the exemption amount in half.

Strategic Gifting: For estates between $15M and $40M, you can lower your taxable estate through annual gifting, 529 plans for grandchildren, or gifting portions of a company.

Irrevocable vs. Revocable Trusts: While revocable trusts offer control, only irrevocable trusts move money out of your taxable estate—though they require giving up control and face higher income tax rates.

00:09 Understanding the Estate Tax Exemption & the 40% Tax Rate
00:41 2025 Exemption Limits: $13.5M (Individual) / $27M (Married)
01:00 The "Sunset" Warning: Why the exemption will soon be cut in half
01:08 Strategy for Estates under $15 Million
01:38 Mitigation for Estates between $15M and $40M
01:54 Gifting Strategies: Cash, Company Portions, and 529 Plans
02:21 Using Irrevocable Trusts to "Lock In" the current high exemption
02:54 Urgent advice for Estates over $40 Million
03:12 The Trade-off: Revocable vs. Irrevocable Trusts (Control vs. Tax Savings)
04:09 Final thoughts on mitigating your potential death tax burden

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