ALEX E. WAXENBERG

ASSOCIATE

Alex Waxenberg practices in the areas of estate planning and administration, trust administration, and tax strategy and planning. He is particularly experienced in representing high-net-worth individuals, wealth managers, and financial institutions.

Practices

Education

Benjamin N. Cardozo School of Law (J.D., 2016)

Cardozo Journal of Law and Gender, Editor

American University (B.A., 2013)

Bar Admissions

New York

Insights

IRS Announces 2023 Inflation Adjustments to Estate, Gift and Generation-Skipping Tax Exemptions

October 20, 2022

On October 18, 2022, the IRS released Revenue Procedure 2022-38, which announced 2023 annual inflation adjustments for various tax provisions. Effective January 1, 2023, the estate and gift tax basic exclusion amount and the generation‑skipping transfer (“GST”) tax exemption are scheduled to increase from $12,060,000 to $12,920,000. This is an increase of $860,000 per person or…