by FamilyTrust | Jul 23, 2013 | Estate Administration, Indiana
The need and expense of federal and state death tax returns is gone! For almost every Hoosier household, as much as 50% to 60% of estate inheritance fees and long waiting times for return approval should be a thing of the past. In Indiana, only creditors’ claims need...
by FamilyTrust | Jul 23, 2013 | A / B / C Trusts, Credit Shelter Trust, Estate Planning, Estate Tax Exemptions, Indiana
In Spring 2013, Governor Pence signed legislation that eliminated Indiana’s inheritance tax. Earlier in 2013, the US government approved a $5.25 million federal estate exemption with “portability”. Portability means that on the first spouses’ death, the estate can...