Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, September 19, 2014

Projections for 2015 Estate Tax Exemption

Tax CutThe Department of Labor released data on inflation on Wednesday. Wolters Kluwer has projected that as a result the federal estate tax exemption will increase from the current $5.34 million to $5.43 million in 2015. However, it is not projected that the annual gift tax exemption will increase, but rather remain the same at $14,000.

See Ashlea Ebeling, Limits on Tax-Free Lifetime Gifts Projected to Rise for 2015, Forbes, Sept. 17, 2014.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.


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