2013 Changes in estate tax law! Congress has finally set the estate tax exemption at $5,250,000 per person, or $10,500,000 per married couple. See the following for details: http://www.jdsupra.com/legalnews/gift-and-estate-tax-changes-in-the-ameri-03265/
Couples who are worth less than $5,250,000, and who have "A-B" (i.e., "Marital Deduction") trusts, may need to revise their trusts to remove unnecessary estate tax provisions. Contact our office for more information and to see if you are affected by the new law.
