Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Most tax thresholds for income, estate, and gift taxes saw changes for 2015. In addition, the federal estate and gift tax exemption rose to $5.43 million, taking inflation into account. The following tables illustrate the key tax and income thresholds to consider when planning in 2015. 292689
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