As everyone by now knows, at the end of last year, Congress passed and the President signed the Tax Cuts and Jobs Act of 2017, effective January 1st of this year. In addition to a number of income tax changes for both individuals and corporations, the new law significantly increased the federal estate tax and generation-skipping transfer (“GST”) tax exemptions, previously $5.49M per person to $11.2M per person (incidentally, for 2018 the annual gift tax exclusion has increas