Staying aware of tax laws, such as the current federal estate tax exemption limit, are vital to any proper estate and asset protection plan. (insuranceandestates.com)
Most people do not have to worry about taxes on life insurance because their overall estate is below the current federal estate tax exemption limit. (termlife2go.com)
All assets whose values exceed the federal estate tax exemption of $ 5 million is taxed. (efinancial.com)