RA FLASH INFO
- The Wall Street Journal19 Dec 2009
"The possible expiration of the federal-estate tax has sent the normally staid world of estate planning into a frenzy of activity, as taxpayers try to cope with uncertainty". says the Wall Street Journal.
We are still waiting to see what the outcome will be concerning the state of the Federal Estate Tax.
We strongly encourage people to read this article here.
- South Florida Business Journal12 Aug 2009
- Racicot & Associates18 Feb 2009
For the calendar year 2009, the following U.S. estate tax rates and exemption amount will now apply:
2008 2009 Maximum Estate Tax 45% 45% Estate Tax Exemption $2,000,000 $3,500,000 Generation-skipping tax exemption $2,000,000 $2,000,000 Lifetime gift tax exemption $1,000,00 $1,000,000 Annual gift tax exclusion amount $12,000 $13,000 Annual gift tax exclusion amount to non-citizen spouse $128,000 $133,000
On December 16th, 2009, an article on Bloomberg depicted the new proposed legislation. We strongly encourage to read more online here
- Wall Street Journal12 Jan 2009
President-elect Barack Obama and congressional leaders plan to move soon to block the estate tax from disappearing in 2010, suggesting the levy might outlive the "Death Tax Repeal" movement that has tried mightily to kill it. [En savoir plus]