DC Estate Tax Matches Federal Estate Tax Exemption Level Beginning in 2018

The District of Columbia City Council has approved its 2018 budget.  That budget includes a provision that causes the DC estate tax exemption to match the federal estate tax exemption, currently at $5.49 million per person and adjusted for inflation.

See link to DC Council release announcing approval of 2018 budget by clicking here.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.