Samantha A. Arnold | February 2025
Starting January 1, 2025, the federal estate tax exemption will be $13,990,000 per person, but it may drop to about $7,500,000 in 2026 unless Congress intervenes. In Maryland, the estate tax exemption is currently $5,000,000 per person, with a proposal to reduce it to $2,000,000, leading to uncertainty about future changes.
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