Interest Rates for Estate Planning Near All-Time Lows
Overview
The IRS recently released the April 2020 interest rates used for estate planning purposes. As expected based on recent market conditions, these rates are at or near all-time lows. These low rates, combined with potentially-depressed asset prices and temporarily-high estate and gift tax exemptions (currently over $23 million for a married couple, but scheduled to sunset after 2025), make the economics of current estate planning transactions very attractive.