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Taxation & Estate Planning

: TaxProf Blog

Kyl-Lincoln Estate Tax Fix: $5m Exemption, 35% Rate, Election for Decedents Dying in 2010

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Senators Jon Kyl (R-AZ) and Blanche Lincoln (D-AR) issued a press release today on their estate tax reform proposal: a 35% rate; a $5 million exemption phased in over ten years and indexed for inflation; and an elction for estates of decedents dying in 2010 (either to retain this year's...

Full post as published by TaxProf Blog on July 14, 2010 (boomark / email).

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