The federal estate tax exemption - that’s the amount an individual can leave to heirs without having to pay federal estate tax - will be $5.43 million in 2015, up from $5.34 million for 2014. In other words, that’s another $90,000 that can be passed on tax-free. The top federal estate tax rate is 40%.
South Dakota Estate Planning: What is the federal estate tax exemption for 2015?
About Swier Law Firm's Estate Planning & Probate Practice Group
Swier Law Firm has a nationally recognized practice in estate planning and probate law and handles the following types of cases:
- Estate Planning: Wills & Living Trusts
- Legacy Planning
- Family-Owned Businesses & Farms
- Powers of Attorney & Living Wills
- IRA & Retirement Planning
- Asset Protection & Business Planning
- Special Needs Planning
- Trust Administration & Probate
Take a look at our valuable estate planning books and articles. Our materials are full of tips and advice. All materials are written by the law firm's nationally recognized estate planning attorneys and provide detailed South Dakota-specific information designed to help anyone with estate planning issues. You can request your free copy by clicking on the book cover below.
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