In the United States we have a federal estate tax. There is a federal estate tax credit or exclusion. Only the portion of your estate that exceeds the credit or exclusion would be taxable. If your estate’s value does not exceed this amount, your estate would not be subject to the federal estate tax. How … [Read More]
Uncertainty Fuels Procrastination
It is no secret that a lot of people procrastinate when it comes to estate planning. The last thing that the procrastinators need is yet another reason to put things off, but in fact the uncertainty surrounding the estate tax parameters at the present time contributes to this pattern of inaction. To take a brief … [Read More]
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