Law Offices of
Donald W. Anderson PLLC
Donald W. Anderson PLLC
401 North Third Street
Suite 650
Minneapolis, Minnesota 5540
Telephone:  612-338-6900
FAX:  612-246-4228
Estate Tax Planning

Currently (2016) the Federal Estate tax rate is 40%.  The Applicable Exclusion Amount is $5.45 million per person.  Florida does not have an estate tax.  However, Minnesota is decoupled from the Federal Estate Tax and has an exemption of $1.8 million per person for decedents dying in 2017.  The exemption is scheduled to increase to $2 million on January 1, 2018.  Without proper estate planning techniques in place at the time of death, the Minnesota estate planning exemption for married couples may be lost for the first spouse to die.  

At Donald W. Anderson PLLC, the firm uses the latest estate planning techniques to take full advantage of legal ways to reduce the effect of Estate Taxes.