2011 Estate Tax Changes

Since our last Estate Tax update in September, major changes to the Estate and Gift Tax laws of our nation have been implemented. In December’s “lame duck” session, Congress and the President acted to prevent the Estate Tax exemption from dropping to $1 million. Highlights of this legislation include: An increase in the Federal Estate Tax exemption to $5 million per person...
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2010 Estate Tax Update

Lately, we’ve been fielding questions from our Estate Planning clients regarding the status of the Estate Tax in the year 2010 and beyond.  As the issue is applicable to all small business owners, I thought I would pass along a brief update on the situation as it currently stands. As I’m sure you have heard in the news by now, due to inaction by Congress the Estate Tax has lapsed...
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