We are ringing in 2026 with a change to the federal estate tax exemption. Understanding how estate and gift taxes are calculated and knowing the current exemption amounts are key components to a successful estate plan. Background As we have discussed numerous times on this blog and our Ag Law in the Field Podcast, Congress sets an amount of assets that a person is allowed to give during their lifetime or at death without incurring estate or gift tax liability. This is known as the lifetime exemption. The… Read More →




















