Sullivan
Microsoft has discontinued support for Internet Explorer. To access the Sullivan website, please install a modern browser like Microsoft Edge or Google Chrome.

Carole Bass was quoted in the article "Wealthy Ease Back on Rush to Use Expiring Estate Tax Break," published by Bloomberg Law [sub. req'd] on November 12, 2024. The article discusses the lowered pressure on wealthy Americans to use their elevated estate tax exemption, which is set to expire in 2025 but may now be allowed to continue in light of former President Donald Trump's upcoming return to the White House.

"It's worth it to be prepared," Carole said, referring to high-net-worth individuals who have sought appraisals on certain giftable assets, like closely held businesses or art, but who are delaying a gifting decision until they know whether the exemption will expire or continue.