Tag Archives: applicable exclusion amount

2013 Estate Tax Exemption is $5.25 Million

The 2013 estate tax exemption is $5,250,000 and the tax rate above that is 40%. The exemption is set to change with changes in the cost of living. In general, estate taxes are taxes imposed on the value of assets which you own when you die. Generally, if the net value of your assets… Read More »