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Tag Archives: Inheritance tax

The Hot-Button Issue for 2010: Estate Tax

Currently, the estate tax in the U.S. is in a unique position. The code was written so that every year until 2009 the tax would lessen, until 2010, where it would disappear completely. However, next year, 2011, the estate tax will come back with a vengeance to a much higher level.
For a more in-depth breakdown, [...]

Why your Will may accomplish very little with unintended results and how to easily resolve this problem

Many people have a Last Will and Testament, (“Will”) which serves as a written disposition of your assets. In the case of a widow, her Will may state that all property she owns at her death is to be distributed equally to her three children. It sounds easy enough, but can you answer the questions [...]