FLORIDA ESTATE
PLANNING
PLANNING
ESTATE TAX RATES
| Exemptions and Maximum Tax Rates | ||
|---|---|---|
| Year | Estate Tax Exemption | Highest Rate |
| 2003 | $1 million | 49% |
| 2004 | $1.5 million | 48% |
| 2005 | $1.5 million | 47% |
| 2006 | $2 million | 46% |
| 2007 | $2 million | 45% |
| 2008 | $2 million | 45% |
| 2009 | $3.5 million | 45% |
| 2010 | N/A (taxes eliminated) | 0% |
| 2011 | $1 million | 60% |