Yes, as of January 1, 2016, the estate and gift tax exemption amount has increased to $5.45 million per person.
Learn more about the 2016 estate and gift tax exemption increase.
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If you need to speak to an experienced estate planning attorney please contact us online or call our Dallas office directly at 214.559.7202. We help clients throughout the Dallas area with all of their estate planning needs and look forward to helping you.