federal estate tax – Law Office of Donald B. Mark

Increase in Exemption from Federal Estate Tax

Posted by markelderlawon May 6, 2022May 6, 2022in Estate Planning

The federal government has an estate tax that applies to estates that are worth a significant amount. New Jersey used to have an estate tax but it was phased out. In 2017 the exemption from the New Jersey estate tax…

Estate Tax Exemption Increases for 2021

Posted by markelderlawon April 5, 2021July 16, 2021in Estate Planning

There is a federal estate tax that applies to those estates that are worth a significant amount. The exemption from the federal estate tax has increased continuously since 2002. Prior to 2002, the exemption from the federal estate tax was…