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)
- Founding Attorney, Larry Parman, Shares a Personal and Insightful Message about the Coronavirus Situation and How the Firm is Handling It (click on the video below) - March 27, 2020
- Understanding Estate Planning – Developing a Fair Inheritance Plan - March 26, 2020
- Use Trust Protectors for Added Protection and Flexibility - March 25, 2020
