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Home / Archives for Federal Estate Tax

South Carolina Residency Provides Estate Tax Advantage

November 21, 2012 by John Kuhn, Estate Planning Attorney

South Carolina estate planning lawyers often field questions about the federal estate tax. This year the tax is imposed on resources that exceed $5.12 million. The $5.12 million exclusion is going to be reduced to just $1 million in 2013. There are over 8 million households in the United States with assets exceeding $1 million so this is a change that is impacting many Americans. You should be advised that with the assistance of a good inheritance planning attorney there are things that can be … [Read more...] about South Carolina Residency Provides Estate Tax Advantage

Filed Under: Estate Planning, Retirement Planning Tagged With: Does Carolina Have Estate Tax, Federal Estate Tax, State Estate Tax

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