The Increased Federal Estate Tax Exemption Doesn’t Decrease the Need for Wills and Estate Plans

December 2018 By Dennis McAndrews A recent article in a major newspaper spoke of the effects of the increased federal estate tax exemption ($11,400,000 for individuals and $22,800,000 for couples in 2019, as well as portability, which allows spouses to utilize both exemptions without complex planning), upon estate planning practices, and noted that many larger…