https://www.kiplinger.com/taxes/601639/estate-tax-exemption-...
Mind you, this also avoids a ton of tax that would otherwise be due had they not died via the step-up in basis... it's a massive giveaway to the rich.
https://www.investopedia.com/terms/s/stepupinbasis.asp
Which supports the claim that they are low, and, consequently that young people (who often stand to inherit from their elderly relatives) have a stake in the investments of old people not getting wiped out.
https://www.kiplinger.com/taxes/601639/estate-tax-exemption-...
Mind you, this also avoids a ton of tax that would otherwise be due had they not died via the step-up in basis... it's a massive giveaway to the rich.
https://www.investopedia.com/terms/s/stepupinbasis.asp