Gerry Joyce is national head of trusts and estates, managing director and trust counsel at Fiduciary Trust International in New York. Voices is an occasional feature of edited excerpts in which wealth managers address issues of interest to the advisory community. As told to Alex Coppola. The new estate-tax exemptions outlined in the tax overhaul are historic, doubling what were already historic highs. Between 2018 and 2025, when the law expires, an individual can give up to $11.2 million to their heirs free from the estate...

Source: Wall Street Journal March 12, 2018 15:00 UTC