TAW Law TX Wants to Put These Estate Tax Changes on Your Radar While There’s Time to Take Action

Jul 27, 2023

TAW Law TX Wants to Put These Estate Tax Changes on Your Radar While There’s Time to Take Action

Austin, TX - July 27, 2023

The countdown is on for estate tax changes to take effect — and when they do, estate tax liabilities could change drastically, potentially putting some folks on the hook for far more than they had expected or planned for.

That’s message the top estate planning attorneys in Austin at TAW Law TX are sharing, and it’s motivated them to put out brand-new resources focused on clarifying how the federal tax laws are poised to change by 2026.

Walking you through the ins and outs of what could change, the new estate tax resource from TAW Law TX can help you understand how federal estate tax exemptions could drop sharply in the new few years, what that may mean for you, and what you can do now in anticipation of these changes.

Why Release an Estate Tax Exemption Guide?

Sunsetting tax laws could transform estate tax exemptions if no new laws are passed between now and 2026, top Austin estate planning lawyers explain. That’s why they have put together an insightful breakdown of recent estate tax exemptions over the past few years, along with a projection of what those exemptions could be as of Jan. 1, 2026, assuming nothing changes.

At TAW Law TX, we understand how complex estate tax laws can be, especially when major changes are on the horizon and when you may not have revisited your estate plan in a while — or if you’ve been putting it off for whatever reason. We also know how critical it is to stay abreast of the latest changes to estate tax laws, exemptions, and liabilities, so you can make more prudent choices to mitigate potential estate tax liabilities.

How to Stay Connected with the Latest Estate Tax Updates

Understanding the basics about the 2026 federal estate tax exemption changes is crucial, but it may not be enough to adequately prepare you or your estate plan before exemptions drop by 50%, the Austin estate lawyers at TAW Law TX say.

To make sure you’re sufficiently prepared, these top Austin attorneys are releasing follow-up resources, as part of a greater Estate Tax Series, offering actionable insights in plain English.

Additionally, TAW Law TX is delivering these resources right to folks’ inboxes, sending subscribers to the firm’s new email newsletter highlights, news, and more, all aimed at sharing useful announcements, messages, and alerts for mitigating estate tax liabilities and staying on top of the shifts in the tax code landscape.

About TAW Law TX, a Top-Ranked Austin Law Firm

TAW Law TX, also known as the Law Office of Todd A. Wilson, has focused on safeguarding our clients’ rights and interests in various estate planning, estate administration, and probate legal matters for nearly 20 years. Driven to deliver strategic counsel, bespoke solutions, and optimal outcomes, our estate planning and probate lawyers in Austin, Texas, are extraordinarily skilled at helping folks navigate the law, protect what matters most, and achieve the best possible resolutions.

From our new Austin offices to the courtroom and beyond, the Austin attorneys at TAW Law TX proudly represent beneficiaries, executors, grantors, trustees, and others in nearly all types of probate and estate administration matters, as well as in matters involving trusts, powers of attorney, conservatorships, guardianships, and more.

Discover how our team can assist you — and get confidential answers from an experienced Austin estate attorney — in a free, confidential consultation.

Contact Info:
Name: Austin Probate Attorney Todd A. Wilson
Email: Send Email
Organization: TAW Law TX, aka Law Office of Todd A. Wilson
Address: 4425 S. Mopac Expy. Bldg. II, Suite 201
Phone: 512-827-9212
Website: https://tawlawtx.com/

Release ID: 89102695

In the event of encountering any errors, concerns, or inconsistencies within the content shared in this press release, we kindly request that you immediately contact us at [email protected]. Our dedicated team will be readily accessible to address your feedback within 8 hours and take appropriate measures to rectify any identified issues or facilitate press release takedowns. Ensuring accuracy and reliability are central to our commitment.

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