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Beware! Pay Attention to Your State Death Taxes
May 20th, 2013
Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. The fiscal cliff-bridging budget set and made “permanent” the estate tax at a generous $5.25 million exemption amount.…
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Categories: Estate Planning
Don’t Forget About Estate Taxes at the State Level
April 19th, 2013
Although the new $5.25 million exemption shields the vast majority of estates from federal taxes, state estate taxes are alive and well. Currently, 21 states and the District of Columbia impose some type of death tax, and most kick in at a level much…
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