- Published: Wednesday, 05 March 2014 11:14
Attorney Chris Slusser of Hazleton wants you to know that about a year ago, Congress dramatically raised the federal estate tax exemption, which for 2013 was $5.25 million (or $10.5 million for a married couple). This action caused some people to mistakenly believe that they no longer need to think about estate planning if their assets are less than $5 or $10 million.
However, nothing could be further from the truth. And people who don’t keep their estate plan up to date are making a big mistake that could still be very costly to them and their families.