Largest Wealth Transfer in U.S. History is Not Nearly Enough to Cover Social Security Debt
The Federal wealth transfer tax system consists of three components: a gift tax, an estate tax, and a generation-skipping transfer tax. Since 2020, herein 73 million Baby Boomers and their tax advisors faced uncertainty because these three components have remained in flux for the last two decades. In this article, the authors explore the history […]