2010 And Beyond Estate Planning In An Uncertain Tax Environment (the Impact Of Estate Tax Repeal)
The federal estate tax was repealed for a one-year period beginning January 1, 2010. It is slated to return in 2011 at the rules in effect before the 2001 Tax Act: 55% estate tax rate on inherited wealth over $1M ($2M for married couples, if planned properly). For 2009, the estate tax rate was 45% on all wealth above $3.5M ($7M for married couples, if planned properly).
Many expected the 2009
No comments:
Post a Comment