Effective estate planning goes beyond taxes

Effective estate planning goes beyond taxes

The increase of the estate tax exemption amount to $5 million per individual will dramatically reduce the number of estates that will have to pay estate taxes. Does this mean that only families with significant wealth need to focus on estate planning? The reality is that proper estate planning extends well beyond minimizing or preparing

Estates in 2010 have two options

Estates in 2010 have two options

Since the estate tax was technically repealed at the start of 2010 as a result of a sunset provision within EGTRRA, planning has been challenging due to uncertainty around potential legislative changes that would impose different rules. The signing of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. into law in