The Rising Influence of Rising Affluence

[10nisman]

"The former secretary of state would exempt the first $3.5 million of an estate from taxes—compared to the current $5.45 million exemption. She would impose a 45% marginal rate on many estates with assets between $3.5 million and $10 million."

Gotcha, the version of the WSJ article I read didn't have that in there. I guess 2016 will be a good year to kick the bucket for some people. The estate tax exemptions have changed drastically over the past 15 years so I'm sure there will be a relatively easy work around for most estate tax planners.