Bloomberg claims the IRS has announced a $5,250,000 exemption for the estate and related taxes. See http://www.bloomberg.com/news/2013-01-11/irs-increases-exemption-from-estate-tax-to-5-25-million.html
However, I cannot find any proof. They do not cite any IRS announcement. The following is the link to where new IRS announcements are listed: http://apps.irs.gov/app/picklist/list/formsPublications.html;jsessionid=Sr5t6S1uXbmUFGq86OUCcA__?sortColumn=postedDate&indexOfFirstRow=0&value=&criteria=&resultsPerPage=25&isDescending=true
We shall see.
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