Friday, April 24, 2009

Federal Estate Tax - Update


What will happen in 2010 with the Federal Estate tax remains to be seen. It is one of the hot topics in estate planning that I continue to blog on. Under the current law, there will be no Federal Estate tax in 2010. It was anticipated that Congress would have addressed this issue before now. With less than a year to go people, lots of people, have been talking about the status of the Federal Estate Tax.

One of my financial advisor associates shared an article with me from Investment News, a leading news source for investment advisors. They, like others, are following Congress closely and the most recent congressional bill would have the current exemption amount of 3.5 million to remain permanently.

See the article below for more information and to continue to follow developments in this area. Share your thoughts here. We encourage your comments.

http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090421/REG/904219982/1094/INDaily01

No comments: