skip to Main Content

2015 Estate and Gift Tax Exemptions

The 2015 estate and gift tax exemption will be $5,430,000 per person, or $10,860,000 for a married couple. (In 2014, it was $5,340,000 per person.) You won't have to worry about an estate tax unless your estate value is greater than $5,430,000 if you are single or $10,860,000 if you are married. The 2015 estate tax rate will stay at 40% for estates in excess of the exemption. The 2015 annual gift…

Read More

A Very Good Christmas Gift – For Yourself

I spend a lot of time teaching my estate planning clients how to avoid probate and how to protect their children's inheritance from divorce and creditor claims. In a nutshell, this is what I tell them: If you establish a living trust and transfer your assets to the trust, your family will not have to experience the hassles and costs of probate when you and your spouse pass away. In addition, we…

Read More
Load More
Back To Top