Changes To Washington State Estate and Gift Taxes for 2014
In 2013, the State of Washington enacted law to change the “applicable exclusion amount” for Washington’s estate tax. The “applicable exclusion amount” is the amount that passes free of estate tax. For the past several years, Washington’s applicable exclusion amount has been $2,000,000. So, the first $2,000,000 in value of an estate passed free of… Read More