00:40 - What the bill is?
01:08 - What is Actually in the Bill?
01:18 - Repeal the Federal Estate Tax and Generation-Skipping Transfer Tax
01:24 - Estate TaX
02:09 - Generation-Skipping Transfer Tax
03:20 - Gift Tax Stays
04:42 - Step-Up in Basis Remains
05:08 - Qualified Domestic Trusts (QDOTS)
05:47 - ING Trusts Become Taxable Gifts
06:16 - Hypothetical Example
08:36 - Impact on Family-Owned Businesses
10:05 - The Potential Impact on Wealth Concentration
10:42 - Where things stand now
12:17 - Bloopers
The Death Tax Repeal Act of 2025 could eliminate the federal estate tax and generation-skipping transfer (GST) tax, reshaping wealth transfer and legacy planning for high-net-worth families. In this video, we break down how the proposed bill will impact estate taxes, gift exemptions, and asset inheritance strategies. Learn how this legislation could change the way you pass on wealth to future generations—without the burden of estate taxes. Stay informed and see how these changes could affect your estate planning decisions in 2025 and beyond.
Some of my favorite books:
Camera & equipment I use:
Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research.
Join the family & subscribe to my channel here:
Thanks for watching, I appreciate you!
Read More
By: Erin Talks Money
Title: No More Estate Tax? How the Death Tax Repeal Could Change Your Wealth Transfer and Legacy Planning
Sourced From: www.youtube.com/watch?v=W5KiRr3HiTk
-------------------------------
