NEWS
Taxlink by Andy Biebl
Andy Biebl DTN Tax Columnist
Fri May 1, 2015 02:31 PM CDT

The questions are often the same. Does it make sense to give my land to the kids now before it becomes my estate? Or perhaps I should sell some of it during my lifetime? Or is it better to just let them inherit the land? I've heard these questions for years, but with our constantly changing tax system, the answers might now be different.

THE ESTATE TAX EXEMPTION

Congress recently indexed the federal estate tax exemption. For deaths in 2015, we've reached $5.43 million per person. Effectively, a husband and wife can transfer over $10.8 million to their children free ...

Quick View
Related News Stories
Ask the Taxman by Andy Biebl
House Passes Estate Tax Repeal Bill
Ask the Taxman by Andy Biebl
Ask the Taxman by Andy Biebl
IRS Resets Clock on ACA Penalties
Permanent Section 179 Fix
Ask the Taxman by Andy Biebl