
Estate Tax Changes Under Recent Tax Acts
- Broadridge Content
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Act) was signed into law in December 2010. This law contained dramatic changes to the federal gift and estate tax and the federal generation-skipping transfer (GST) tax. These changes were temporary — for 2011 and 2012 only. However, the American Taxpayer Relief Act of 2012 (the 2012 Act), signed into law in January 2013, permanently extended the provisions in the 2010 Act, except that the 2012 Act increased the top transfer tax rate to 40 percent starting in 2013.In 2025, the One Big Beautiful Bill Act (OBBBA) made permanenet the gift and estate tax basic exclusion and GST exemption amount established by the Tax Cuts and Jobs Act (TCJA) of 2017. Beginning in 2026, that amount is $15,000,000 for both (indexed annuallyfor inflation starting in 2027).






