Effective January 1, 2015, regional rates for calculating transfer penalty periods for 2015 were increased from 2014. The regional rates are:
2014 Federal Estate Tax Exemption: The IRS just announced that the exclusion amount for estates of decedents who die in 2014 is $5,340,000, up from a total of $5,250,000 in 2013.
It's not too late to save your assets or your family member’s assets. Often, there are crisis planning strategies that can save more for your family.
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