The 2015 Estate Tax Exemption

Lori Ashmore Peters
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Helping Dallas area families with all of their legal Estate Planning, Probate and Business Planning needs.

As of January 1, 2015, every individual who is a resident and citizen of the U.S. qualifies for an estate tax exemption of $5.43 million. This means that the first $5.43 million of property a person owns at death is exempt from estate taxes. If a person has made gifts during his lifetime, the exemption at death may be reduced by the amount of the gifts.

For additional information, see our tax planning chart.

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