[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.amorusolaw.com\/blog\/obama-proposes-5-million-federal-estate-tax-exemption-to-fall-to-35-million\/#BlogPosting","mainEntityOfPage":"https:\/\/www.amorusolaw.com\/blog\/obama-proposes-5-million-federal-estate-tax-exemption-to-fall-to-35-million\/","headline":"Obama Proposes $5 Million Federal Estate Tax Exemption to fall to $3.5 Million?","name":"Obama Proposes $5 Million Federal Estate Tax Exemption to fall to $3.5 Million?","description":"Keep an eye on the Obama Administration budget proposals as there are several provisions which may affect estate planning.\u00a0 For example, there is a provision which would reduce the $5 Million federal estate tax exemption to $3.5 Million &#8211; the 2009 level.\u00a0 Stay tuned! http:\/\/www.treasury.gov\/resource-center\/tax-policy\/Documents\/General-Explanations-FY2015.pdf","datePublished":"2014-04-01","dateModified":"2023-08-12","author":{"@type":"Person","@id":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/#Person","name":"Amoruso &amp; Amoruso LLP","url":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Amoruso & Amoruso LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","width":0,"height":0}},"image":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/09\/img-about-hero-attorneys.webp","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/09\/img-about-hero-attorneys.webp","width":690,"height":451},"url":"https:\/\/www.amorusolaw.com\/blog\/obama-proposes-5-million-federal-estate-tax-exemption-to-fall-to-35-million\/","about":["401(k)","529 Plan","Blended Family","Business Succession","Elder Care","Elder Law","Estate Planning","Federal Estate Tax","Gift Tax","Inheritance","Life Insurance","Living Trust","Revocable Living Trust","Tax Planning","Trusts"],"wordCount":49,"articleBody":"Keep an eye on the Obama Administration budget proposals as there are several provisions which may affect estate planning.\u00a0 For example, there is a provision which would reduce the $5 Million federal estate tax exemption to $3.5 Million &#8211; the 2009 level.\u00a0 Stay tuned!http:\/\/www.treasury.gov\/resource-center\/tax-policy\/Documents\/General-Explanations-FY2015.pdf"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.amorusolaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Obama Proposes $5 Million Federal Estate Tax Exemption to fall to $3.5 Million?","item":"https:\/\/www.amorusolaw.com\/blog\/obama-proposes-5-million-federal-estate-tax-exemption-to-fall-to-35-million\/#breadcrumbitem"}]}]