How to Plan for Expected Changes in the Estate Tax

How to Plan for Expected Changes in the Estate Tax

Have you heard about the estate tax changes that may become law before the end of the year? While the current estate tax exemption sits at $11.7 million per person and $23.4 million per married couple, there have been proposals in the works to lower those numbers down to the  levels seen back in 2009. This would mean the estate tax exemption would be significantly reduced down to $3.5 million per person. Furthermore, estate tax rates would...