31 окт. 2024 г. · First, on October 4, 2023, a new law amended the estate tax by providing a credit of up to $99,600, thereby eliminating the tax for estates ...

Estates of decedents who died on or after January 1, 2023, are allowed a credit of $99,600 to reduce the amount of the estate tax. See MGL ch. 65C, § 2A(f).

9 февр. 2024 г. · The new law increased the Massachusetts estate tax exemption from $1 million to $2 million and did so retroactively to January 1, 2023.

3 янв. 2024 г. · The estate tax exemption is $13.61 million for 2024. Unlike the Massachusetts estate tax exemption, the federal exemption is portable between ...

29 окт. 2024 г. · The 2024 Act specifies that the value of such property is not subject to the estate tax of a Massachusetts resident decedent.

1 нояб. 2024 г. · In 2024, the federal estate tax exemption limit is $13,610,000 per person (or $27,220,000) for married couples.

24 окт. 2024 г. · Primarily, the 2023 Act created a $2,000,000 exemption from the estate tax for all decedents who died on or after January 1, 2023. On September ...

5 мар. 2024 г. · The new law increases the Massachusetts estate tax exemption amount from $1 million to $2 million, meaning that those who die with an estate ...

4 нояб. 2024 г. · In 2024, the Massachusetts estate tax exemption is set at $2 million per individual. This means that if your estate's total value exceeds $2 ...