How the Estate Tax Exemption “Sunset” Will Impact Fund Managers

On December 31, 2025, the current federal lifetime estate and gift tax exemption amount is scheduled to revert to pre-2018 limits, effectively reducing the tax benefit by 50%. This has the potential to greatly impact investment fund managers and other high-net-worth individuals. Without adequate and timely estate planning, these individuals may miss out on potentially millions of dollars in tax benefits.

In this episode of The Drawdown, Marci Spivey, Partner and Private Client Services Leader, welcomes Mike Kirkman, Partner and Estate, Gift and Trust Leader. Also joining the conversation is Clint Costa, Senior Wealth Strategist at Choreo, a wealth management firm and strategic alliance partner of Cherry Bekaert. Together, the team discusses how fund managers, can proactively plan with trusted advisors to protect their assets ahead of the exemption sunset. 

Related Guidance 

• Article: Use It or Lose It: Estate Tax Exemption “Sunset”  
• Article: Federal Estate and Gift Tax Exemption Will Sunset After 2025: How to Prepare Now

About Choreo

Choreo, LLC is an investment adviser registered with the SEC. Registration as an investment adviser does not imply a certain level of skill or training of the adviser or its representatives. This document contains general information, may be based on authorities that are subject to change, and is not a substitute for professional advice or services. This document does not constitute audit, tax, consulting, business, financial, investment, insurance, legal or other professional advice, and you should consult a qualified professional advisor before taking any action based on the information herein. Information has been obtained from a variety of sources believed to be reliable though not independently verified. Choreo, LLC its affiliates and related entities are not responsible for any loss resulting from or relating to reliance on this document by any person.