ESTATE TAXES

October 28, 2016

The federal estate tax exemption is estimated to increase from $5.45 million (per decedent) in 2016 to $5.5 million as of 1/1/17, i.e., a married couple would be able to shelter $11 million from federal estate and gift taxes.  The IRA announcement of the new limit is expected this week (source: BTN Research).

 

 

Share on Facebook
Share on Twitter
Please reload

© 2017 Nova Wealth Management, Inc. is a Registered Investment Advisor.  All Rights Reserved. Designed by Reframed