by Lisa Adler | Dec 20, 2014 | Elder Law, In the News
Update on the ABLE Act: From the National Academy of Elder Law Lawyers: Congress passed the ABLE Act on this week, which creates tax-favored accounts for children and adults whose disability occurred before age 26. The ABLE Act allows these tax-favored accounts to...
by Lisa Adler | Dec 3, 2014 | Estate Administration, Wills & Trusts
The IRS announced the 2015 Gift and Estate Tax Exemption Amounts, along with other tax changes, here. For persons dying in 2015, the Federal Estate Tax exemption amount has increased to to $5,430,000, up from the 2014 exclusion amount of $5,340,000. This means that,...