It has been said that no one is safe when the legislature is in session. Bernie Sanders has introduced a bill in Congress called the “For the 99.5% Act.” It would reduce the federal estate tax exemption amount (now $11,700,000) down to 3.5 million dollars. Rates would also be raised to 50%, 55% & 60%. Family Limited Partnership estate plans would be eliminated or at least made much more difficult. These FLP plans have been popular in the last 30 years to reduce federal estate tax and accomplish other estate planning objectives. The Dynasty Trust exemption from generation skipping tax would also be limited to 50 years. Dynasty trust plans are a great way to protect the estate for children, grandchildren and later generations. For more information of dynasty trusts see  https://www.michaelmillonig.com/practice-areas/trusts/#Dynasty