Posted By WealthPLAN Office Manager
We are now in the final year of the historically high federal estate tax exemption amount of $5,000,000. Unfortunately, under the current law, on January 1, 2013, the exemption amount will fall to $1,000,000. It is anticipated that Congress may act this year to change the exemption amount to perhaps $3,500,000. But as we have seen before, it is impossible to predict what, if anything, Congress ...