Washington Residents May Owe (Even More) Unanticipated Estate Tax
By Marcia K. Fujimoto
March 31, 2011
The good news on the federal estate tax front is that a person who dies in 2011 or 2012 can have a $5,000,000 estate and pay no federal estate tax.
Washington residents, however, may need to review their estate plans because the Washington state estate tax is no longer tied to the federal estate tax system. This unlinking of the tax systems means that estates of Washington residents may face unanticipated tax liabilities. Read More >>
