{"id":4759,"date":"2021-05-19T13:11:30","date_gmt":"2021-05-19T17:11:30","guid":{"rendered":"https:\/\/www.lindabury.com\/firm\/?p=4759"},"modified":"2024-03-20T09:57:16","modified_gmt":"2024-03-20T13:57:16","slug":"4759","status":"publish","type":"post","link":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html","title":{"rendered":"Proposed Estate &#038; Gift Tax Reform"},"content":{"rendered":"<p>On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the significant provisions:<\/p>\n<ul>\n<li>Federal estate tax exemption reduced from $11.7 million to $3.5 million<\/li>\n<li>Gift tax exemption reduced from $11.7 million to $1 million<\/li>\n<\/ul>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.lindabury.com\/firm\/insights\/4759.html\"  title=\"Continue Reading Proposed Estate &#038; Gift Tax Reform\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the significant provisions: Federal estate tax exemption reduced from $11.7 million to $3.5 million Gift tax exemption reduced from $11.7 million to $1 million Continue Reading \u203a<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[65,343],"tags":[],"coauthors":[139],"class_list":["post-4759","post","type-post","status-publish","format-standard","hentry","category-insights","category-wills-trusts-estates-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Proposed Estate &amp; Gift Tax Reform &#8212; May 19, 2021 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events<\/title>\n<meta name=\"description\" content=\"On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lindabury.com\/firm\/insights\/4759.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposed Estate &amp; Gift Tax Reform &#8212; May 19, 2021 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events\" \/>\n<meta property=\"og:description\" content=\"On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lindabury.com\/firm\/insights\/4759.html\" \/>\n<meta property=\"og:site_name\" content=\"Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-19T17:11:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-20T13:57:16+00:00\" \/>\n<meta name=\"author\" content=\"Lindabury, McCormick, Estabrook &amp; Cooper, P.C.\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lindabury, McCormick, Estabrook &amp; Cooper, P.C.\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Proposed Estate & Gift Tax Reform &#8212; May 19, 2021 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events","description":"On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html","og_locale":"en_US","og_type":"article","og_title":"Proposed Estate & Gift Tax Reform &#8212; May 19, 2021 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events","og_description":"On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the","og_url":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html","og_site_name":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events","article_published_time":"2021-05-19T17:11:30+00:00","article_modified_time":"2024-03-20T13:57:16+00:00","author":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C.","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C.","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html#article","isPartOf":{"@id":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html"},"author":{"name":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C.","@id":"https:\/\/www.lindabury.com\/firm\/#\/schema\/person\/429b3bd6b52a7aa6eb9a0709bbb4d06f"},"headline":"Proposed Estate &#038; Gift Tax Reform","datePublished":"2021-05-19T17:11:30+00:00","dateModified":"2024-03-20T13:57:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html"},"wordCount":325,"articleSection":["Insights","Wills, Trusts &amp; Estates"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html","url":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html","name":"Proposed Estate & Gift Tax Reform &#8212; May 19, 2021 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events","isPartOf":{"@id":"https:\/\/www.lindabury.com\/firm\/#website"},"datePublished":"2021-05-19T17:11:30+00:00","dateModified":"2024-03-20T13:57:16+00:00","author":{"@id":"https:\/\/www.lindabury.com\/firm\/#\/schema\/person\/429b3bd6b52a7aa6eb9a0709bbb4d06f"},"description":"On March 25, 2021, Senators Sanders and Whitehouse introduced a bill titled \u201cFor the 99.5% Act.\u201d If enacted, the following are among some of the","breadcrumb":{"@id":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lindabury.com\/firm\/insights\/4759.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lindabury.com\/firm\/insights\/4759.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"\/"},{"@type":"ListItem","position":2,"name":"Insights","item":"https:\/\/www.lindabury.com\/firm\/insights"},{"@type":"ListItem","position":3,"name":"Proposed Estate &#038; Gift Tax Reform"}]},{"@type":"WebSite","@id":"https:\/\/www.lindabury.com\/firm\/#website","url":"https:\/\/www.lindabury.com\/firm\/","name":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events","description":"Published by Lindabury, McCormick, Estabrook &amp; Cooper","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lindabury.com\/firm\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.lindabury.com\/firm\/#\/schema\/person\/429b3bd6b52a7aa6eb9a0709bbb4d06f","name":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C.","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a19d0fac94b8d3d657028926f65c841917c5f8f0dd3f23ad394e83f16c690e09?s=96&d=mm&r=g3f2ca7450f0195db092bccff4fb8982e","url":"https:\/\/secure.gravatar.com\/avatar\/a19d0fac94b8d3d657028926f65c841917c5f8f0dd3f23ad394e83f16c690e09?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a19d0fac94b8d3d657028926f65c841917c5f8f0dd3f23ad394e83f16c690e09?s=96&d=mm&r=g","caption":"Lindabury, McCormick, Estabrook &amp; Cooper, P.C."},"sameAs":["https:\/\/www.lindabury.com"]}]}},"yoast":{"focuskw":"","title":"","metadesc":"","linkdex":"","metakeywords":"","meta-robots-noindex":"","meta-robots-nofollow":"","meta-robots-adv":"","canonical":"","redirect":"","opengraph-title":"","opengraph-description":"","opengraph-image":"","twitter-title":"","twitter-description":"","twitter-image":""},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts\/4759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/comments?post=4759"}],"version-history":[{"count":3,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts\/4759\/revisions"}],"predecessor-version":[{"id":4762,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/posts\/4759\/revisions\/4762"}],"wp:attachment":[{"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/media?parent=4759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/categories?post=4759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/tags?post=4759"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.lindabury.com\/firm\/wp-json\/wp\/v2\/coauthors?post=4759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}