Estate Tax Exemption 2024 Sunset Period. What is the estate tax exemption? The federal estate and gift tax exemption is scheduled to sunset by the end of 2025, and it is imperative to begin planning today in order to protect your assets and.

The 2017 tax cuts and jobs act (tcja) effectively doubled the. In 2024, the exemption amount for individual estates will reach $13.61 million, an increase from the $12.92 million benchmark in 2023.