Planning Newsletter – Apr 2015
Estate tax laws change often.
Such estate tax law changes can turn a good estate planning strategy into a bad one for the same client.
In 2011, federal law changed to allow each person to pass $5,000,000 (indexed to inflation) to their heirs’ estate tax free.
This change in the estate tax law made AB trust planning unnecessary for many people.
You need to review the pros and cons of AB trust planning to see if you still need or want to fund a B trust at the death of either you or your spouse.
We can help you make this decision along with your estate planning attorney.