Many of our clients are confused about the current estate tax law. This year (2010) there is no estate tax. Next year (2011) the estate tax exclusion reverts back to $1 million and a maximum tax of 55%. This is an outcome few predicted, most believing – how could they in retrospect – that a prudent Congress would “fix” the law by extending the 2009 exclusion of $3.5 million into the future. Prudent tax policy was pushed over the side of the Health Care mountain. Click HERE to read a new article in the current issue of Forbes that addresses a few issues for you to consider.
Latest posts by Larry Parman, Attorney at Law (see all)
- Why Might a Living Trust Work Better than a Will to Distribute My Estate? - May 23, 2019
- Key Reasons Not to Wait to Make a Medicaid Plan - May 21, 2019
- New Estate Tax Proposal - May 16, 2019
