I lectured for the PICPA on Friday 12/7/2018 and critical to that discussion was the current exemption of $11,400,000 in 2019 and the fear of claw-back.   Thus, depending upon where the Federal Estate Tax Exemption will go, dictates the level of complex estate and income tax planning you should consider while the exemption is [...]

The IRS announced the official estate and gift tax limits for 2019: The estate and gift tax exemption is $11.4 million per individual, up from $11.18 million in 2018. That means an individual can leave $11.4 million to heirs and pay no federal estate or gift tax, while a married couple will be [...]

Dauphin County Probate fees have increased in 2019.  Whereas in past, we would not have been concerned about the probate fees, for an estate of $5,000,000, you will pay approximately $2,500 for very additional $1,000,000 over the first $1,000,000 of assets (or total of $11,241).