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.
More News
Surcharge ban will leave some renters in the lurch
Many tenants could soon be forced into arrears, advocates warn, as a key rental payment platform closes its doors.
My suburb is a modern cultural melting pot, but it hasn’t forgotten the wars that shaped us
It’s a pocket of Brisbane that runs simultaneously in two lanes – one of rampant construction and change, and the other of quaint country-style houses just off major roads.
My suburb is a modern cultural melting pot, but it hasn’t forgotten the wars that shaped us
It’s a pocket of Brisbane that runs simultaneously in two lanes – one of rampant construction and change, and the other of quaint country-style houses just off major roads.
Hong Kong builders take three WorldSkills honours in best CIC haul
[The content of this article has been produced by our advertising partner.] Nine young construction competitors from the Construction Industry Council returned from WorldSkills Shanghai with three Medallions for Excellence, the strongest finish the CIC has recorded at the competition. The honours went to Law Chak-sum in painting and decorating, Tse Yu-lok in welding, and the concrete construction work team of Huang To-kong and Wan Tsz-ho. It was Hong Kong’s first WorldSkills honour in concrete...
Police surround Wong Tai Sin flat after woman reportedly seen with knife in area
Hong Kong police officers were attempting to force their way into a flat at a Wong Tai Sin estate on Sunday night after a woman suspected of carrying a knife and wandering in the area was traced to the home during a search. Police received a report at about 6.50pm that a woman in her forties carrying a knife had travelled from Diamond Hill MTR station towards the nearby Plaza Hollywood shopping centre. Officers were deployed to the scene and searched the area. Members of the Counter Terrorism...
Hassett on negative polling on economy: ‘I just don't buy it’
Kevin Hassett, director of the National Economic Council, said Sunday he doesn’t believe in recent polls that show Americans’ negative feelings about the economy. “Ahead of an election cycle, the fact that there's, you know, possibly partisan pollsters telling us that the people are really really depressed, it's a classic Democrat move, and I just...
Trump announces 'Super Intelligence Force' led by DNI Jay Clayton
President Trump on Sunday morning announced the creation of the "Super IntelligenceForce" amid his push to keep the U.S. in the lead on artificial intelligence development after warnings from the technology's researchers. The task force will be led by Director of National Intelligence Jay Clayton, whom The Wall Street Journal reported is expected to be...
1,500 Hong Kong residents tour revamped Huanggang Port border crossing
More than 1,500 Hong Kong residents toured the revamped Huanggang Port border crossing on Sunday as authorities pushed ahead with preparations for its opening. A Security Bureau spokesman said that participants took franchised buses or cross-boundary coaches from various districts to reach the crossing and were shown the new port building in groups. “The event effectively enhanced participants’ understanding of the public transport arrangements, immigration and customs clearance and...
Hotstone Yoga closure losses rise to HK$7.8 million as 694 customers file reports
Losses linked to the abrupt closure of Hotstone Yoga have risen to nearly HK$8 million (US$1 million), with close to 700 reports filed by affected customers in Hong Kong, according to authorities. The Customs and Excise Department said that as of 6pm on Sunday, it had received 694 reports relating to the yoga chain, involving service contracts worth about HK$7.8 million. The Consumer Council said it had received 416 complaints by 5pm the same day, with claimed losses totalling HK$5.42...
China urged to build ‘system’ to protect expanding overseas interests
Beijing has been urged to do more to protect its overseas interests with a call for diplomatic engagement to reshape international rules and deeper security cooperation with other countries. As China’s expanding global footprint comes under pressure from geopolitics and restrictions from the West, a Chinese analysis posted on the Global Security Research social media account has called for a major shift in strategy. The author was not identified, but the account regularly posts analysis and...
China Eastern reports passenger to police over cabin crew kneeling row
China Eastern Airlines has reported a male passenger to the police for allegedly disturbing order, after a flight attendant was filmed kneeling in a cabin aisle to apologise for bumping his elbow with a service trolley. In its second statement on the incident, the carrier said on Saturday that it believed the actions of the passenger amounted to disturbing order aboard a civil aircraft and had severely infringed upon the employee’s personal dignity. The airline added that it had banned the...
Hong Kong issues amber rainstorm warning
The Hong Kong Observatory issued an amber rainstorm warning on Sunday evening, with the signal remaining in place for more than two hours. The weather forecaster issued the alert – the lowest level in a three-tier warning system – at 8.20pm and cancelled it at 10.30pm. “A few squally thunderstorms are expected to occur over Hong Kong,” a spokesman for the Observatory said in the evening. Showers would be heavy at times. The forecaster also warned that intense gusts reaching 70km/h (43mph) could...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.