• Part 1. Congress is Brilliant: Why 99% of "Poor" Taxpayers Now Hold the Short End of the Stick
  • February 14, 2014 | Author: James M. Kane
  • Law Firm: Chamberlain, Hrdlicka, White, Williams & Aughtry - Atlanta Office
  • There are estimates that only about 0.14% of estates (14 out of 1000) will now face the threat of paying federal estate tax. This is the result of Congress in early 2013 enacting the inflation-adjusted $5.0 million federal estate exemption. This is an inflation-adjusted $10 million combined exemption for married couples. [The state death tax exposure, if any, varies based on each state's laws.]