For 2025, the IRS estate and gift tax exemption is raised to $13.99 million per individual ($27.98 million for a married couple)^*

^*^{Wealth Management.com, January 2025}

Things to consider

If you start estate planning early and adjust as new life events happen (births, deaths, divorces, or inheritances), it can be far less stressful and costly than having to scramble to create a plan later in life.

Protect yourself

It’s never too early to create a will, but at minimum you should name a trusted contact, durable power of attorney, and a health care proxy.

Shield pre-marital assets

Establishing an asset protection trust before getting married could help you avoid the discomfort of a prenuptial agreement.

Care for special needs

If you have a loved one with a disability, consider planning for their continued care with a Special Needs Trust.

Ensure estate liquidity

Life insurance death benefits can offer a tax-efficient way to transfer wealth and provide needed liquidity to your estate.

What to ask your Janney Financial Advisor

Do I really need a will at my age? How do I get started setting one up?
Could a trust make transferring my wealth easier? What’s the right type for my needs?
How do I put money away for the care of a special needs loved one without impacting their eligibility for benefits?
How can I leave my wealth to my children from a previous marriage but still make sure my current spouse is cared for?

Talk to a Janney Financial Advisor

You don’t have to navigate your financial journey alone. Wherever you are today, a Janney Financial Advisor can help you create a personalized plan aligned with your goals, priorities, and evolving needs. With thoughtful guidance and strategies tailored to your unique circumstances, we’ll work with you to build a plan designed to help you Plan for More™ — today and in the years ahead.

Connect with an Advisor