August 9, 2010
In 2010, there is no estate tax. However, the estate tax is scheduled to return next year. Whether you will be required to pay federal estate tax will depend on the value of your gross estate, minus your debts and liabilities. Estate tax is due on the portion of a net estate that exceeds the [...]
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August 2, 2010
Time is running out. If Congress does not pass new estate tax legislation this year, estates valued at over $1 million will be subject to taxes of up to 55 percent starting on January 1, 2011, which means that many more Americans be affected by the estate tax. When the year began, many estate planning [...]
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