1. Federal Estate Tax.  (MT199104HR) (2025) (PDF Version) (HTML Version-ADA Accessible) [Order Online]

    This MontGuide describes how federal tax laws will affect individual estates until the Tax Cut and Jobs Act sunsets at the end of 2025. Congress will decide the status of the federal estate and gift tax for 2026. In 2025, the exclusion for a single person is $13,990,000; $27,980,000 for married couples. In the absence of legislation affecting the federal estate tax exclusion, it will decrease to $5,000,000 plus inflation in 2026.


  2. Gifting:  A Property Transfer Tool of Estate Planning.  (MT199105HR ) (2019)  (PDF Version) (HTML Version-ADA Accessible) [Order Online] Explains how to use laws that allow gifts of real and personal property to reduce federal income taxes, federal gift taxes and potential federal estate taxes. Included are changes resulting from the American Taxpayer Relief Act of 2012. 

  3. Income Tax Impact While Selling, Gifting, or Leaving Property as an Inheritance (MT202202HR) (2022) (PDF Version) (HTML Version-ADA Accessible) [Order Online] Before reaching a decision to sell, give, or leave property as an inheritance, owners should become aware of the income tax concepts of basis and adjustedbasis. Property owners should also know the difference between the stepped-up basis oninherited property and the carryoverbasis on property the owner gifts duringlifetime. This MontGuide will expand on the above concepts and illustrate the potential tax consequences.