LD1617 — An Act To Lower The Exclusion Amount For The Estate Tax And Create An Exclusion For Family Farms And Aquaculture, Fishing And Wood Harvesting Businesses

LD1617 — An Act To Lower The Exclusion Amount For The Estate Tax And Create An Exclusion For Family Farms And Aquaculture, Fishing And Wood Harvesting Businesses · Informed CitizenryThis bill proposes to lower the Maine estate tax exclusion amount to $1,000,000 for decedents dying on or after January 1, 2026, down from the current $5,600,000. To offset this change, the bill cr…Open in Informed Citizenry