CNBC quoted Trusts & Estates Co-Leader Ronald Finkelstein in an article about strategies to avoid the 40% federal gift and estate tax.
By Darla Mercado
“Earlier is better versus waiting until the end of 2025,” said Ronald Finkelstein, CPA and national co-partner in charge of the trusts and estates practice group at Marcum LLP… “Many Democratic proposals call to reduce the estate tax exemption,” said Finkelstein. “If that happens, the higher exemption won’t last until 2025. It can expire earlier.”