![Buttons featuring the text "Tax Cuts and Jobs Act" on a patriotic red, white, and blue background. Buttons featuring the text "Tax Cuts and Jobs Act" on a patriotic red, white, and blue background.](https://www.lawcommentary.com/img/articles/puSAwo4TyKAwMX8lAMHVpLJHbKY47zbqwtGZgJel.jpeg?fit=crop&fm=jpg&h=111&w=111&signature=88d425a32eee1f4210790b83f396a6596f2573a5b886e038c8e0662b23997fc4)
Federal law requires decedents to pay an estate and gift tax for property passed to individuals or trusts after a decedent’s death. The tax, however, does not kick in unless and until the total value of the estate exceeds a certain threshold dollar value, valued at the death of the... Read More »