Higher Limits For Estate Tax Credits in 2014

Estates of decedents who die during 2014 have a basic exclusion amount of $5,340,000, increased from the $5,250,000 exemption for estates of decedents who died in 2013.

Reference: Probate and Trust Law Section Newsletter of Philadelphia Bar Association; No. 135

Filed Under: Federal Estate Tax

Contact our Philadelphia Estate Planning and Business Law Firm with you questions, comments or concerns.