News





Estate tax isn’t going anywhere


Posted on Mar 19, 2009

President Obama has taken steps to make the estate tax permanent.  According to the recently passed Emergency Economic Stabilization Act, the estate tax will disappear in 2010, but it will reappear in 2011 with an estate exemption of one million dollars.

 

Significant changes in estate tax law are also expected in 2009.  It is likely that new legislation will be passed that will repeal the repeal of the 2010 estate tax expiration.  Replacing the expiration could be a permanent exemption around $3 to $4 million.  The maximum estate tax rate is expected to be 45%.

 

This means that the estate tax situation is most favorable until 2011, when the exemption ceiling lowers by several million dollars.

Read More About Estate tax isn’t going anywhere...

back to top


Bookmark and Share

©2010 Elder Law Offices of Shields and Boris, All Rights Reserved, Reproduced with Permission
Attorney website design by Foster Web Marketing, the best attorney website design solution on the Web offering search engine optimization for attorneys, lawyer website design, video for attorneys, and more.
Get SEO Tips from The Attorney Internet Marketing Blog
Pennsylvania Estate Plan Attorney, PA estate administration help, Pennsylvania probate lawyer, Wexford revocable living trust, Western PA special needs trust law firm, PA veterans benefits, aid and attendance VA benefits, asset protection help in PA
Served By: A