2011 Estate and Gift Tax Update

2011 Estate Tax Update In December of 2010,  President Obama has reached a deal with Republicans on the status of the estate tax for 2011 and 2012.  The highlights of the bill include The estate tax exemption for individuals is now 5 million dollars.  This is up from 3.5 million in 2009 and $600,000 in 2000…

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Summary of Estate Tax Law 2009-2011

Federal Estate Taxes are a subject of much controversey and as of this writing in a state of flux.  In 2001, a new estate tax law was enacted with a goal of eventually eliminating the estate tax beginning in 2010. 2010 is the last year of the law and if a new law is not enacted…

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2010 Estate Tax update

Due to the inaction of Congress at the end of 2009, we enter 2010 with the estate tax law in a state of flux.  We have new estate tax law that went into affect at the first of the year that will likely be superceded by a new estate tax law sometime this year.  In…

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