Ep 157: Estate Tax Exception Roll Back & Revocable vs. Irrevocable Trust

The Estate Tax Exception amount is set to roll back from 13 million per person to 7 million at the end of 2024 and attorney Dal Houston returns as a guest to explain the details.  We’ll discuss options that can be looked at should your estate be bumping into the potential for those Death Taxes… which will lead us into a great discussion on the uses and differences of a Revocable Trust versus an Irrevocable Trust. Plus, his thoughts on whether to leave your estate to that next generation “Outright” or in a “Trust”. #workingranchmagazine #workingranchnation #justinmills.wyocowboy #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #Gelbvieh #DiamondV #estatetax #estateplanning #deathtax #taxexcemption