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Estate Tax Exemption to Increase in 2016


Posted on - 11/02/2015
by PJK

For 2016 federal estate tax exemption is expected to be increased from $5.43 million to $5.45 million.  This means the first $5.45 million of an individual’s estate will be exempt from the federal estate tax.  With proper planning a married couple can protect $10.9 million from federal estate taxes.  However, in order for a married couple to take full advantage of doubling the exemption, proper estate planning is necessary. 

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