Wednesday, June 26, 2013

Washington State Edits State Estate Tax

On June 13th, without a whole lot of fanfare, the Washington State Legislature approved a new law that will change the Washington estate tax. These changes include: (1) The applicable exclusion amount (2) The tax rate will increase (3) Up to a $2.5 million deduction can apply and (4) a “glitch” was corrected…

Click here for more details as published in Professional Alliance member Warren Baker’s Spring 2013 Death & Taxes newsletter.