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2016 Estate Tax Law
The following is a brief summary of federal estate, gift, and generation-skipping transfer taxes. Estate Tax Exemption and Rates. The estate tax exemption is $5,450,000 for persons that pass away in 2016, with an estate tax rate of 40% on assets in excess of that amount. For married persons that pass away in 2016 a… Read More »
Estate Planning
Estate planning deals with the creation, preservation and disposition of an estate during a person’s lifetime and at death. This process involves more than merely preparing a Will. It involves the creation or the increase of an estate to meet the needs of family members, as well as the preservation and protection of the estate… Read More »
By pxadmin | Published May 19, 2014 | Posted in Estate Planning | Leave a comment