The federal estate tax exemption is $5.49 million per person.Recently,lawmakers ruled that the exempted amount held by the first to die would be transferable to the surviving spouse.Therefore,a married couple can now avoid federal estate taxes with combined assets of up to $10.98 million even without good estate planning.

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This is true according to the current federal estate tax laws. The exemption is $5.49 million per person, and with portability, a married couple can potentially avoid estate taxes with combined assets of up to $10.98 million. However, good estate planning can further optimize the use of exemptions and minimize taxes.

The Federal Estate Tax Exemption Is $5