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May2012

NO MORE TENNESSEE GIFT OR INHERITANCE TAX!

Tennessee’s taxation of gifts made during life and at death is ending.  The legislature has repealed the state inheritance tax, effective for transfers from those dying after 2015.  Between now and then, the exemption will increase annually from the current $1 million to $1.25 million in 2013; $2 million in 2014; and $5 million in […]
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