Under current law, the federal estate tax affects only the wealthiest of Americans--by most estimates, the top half of one percent of estates. Only those who leave a taxable estate of more than $5.25 million (for 2013 deaths), or twice that amount for a married couple, need to pay the tax. And this exemption amount will continue to rise with inflation.
After years of uncertainty, these laws now appear to now be stable, leaving most Americans free from concern about federal estate taxes.
Learn more about federal estate tax in the articles below.