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Estate Planning

: North Carolina Estate Planning Blog

Battle to the Death (Tax)

By Greg Herman-Giddens

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Here's the latest on the fight over the future of the estate tax tax, from Bloomberg.com.  In general, Republicans and business lobbyists are pushing for a $5 million exemption and a 35% rate, while the Obama administration is counting on a $3.5 million exemption and a 45% rate.  If nothing is done, 2011 will bring a $1 million exemption and a 55% rate.

Full post as published by North Carolina Estate Planning Blog on March 08, 2010 (boomark / email).

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