2014 Federal Estate and Gift Tax Rates

Federal Estate Tax: In 2011, Congress revised the federal estate tax rules, setting the individual lifetime combined estate and gift tax exemption at $5,000,000 (pegged to inflation).  From 2013 to the present, any individual with a gross estate exceeding the exempt...

Four Tips for a Pain Free Tax Season

By: The American Academy of Estate Planning Attorneys New Year’s Day has come and gone, and April 15th looms in the not-too-distant future. While it’s true that many of the big tax planning decisions – like deferring income or bunching deductions – should be made...