Currently, there is no federal estate tax, but that does not mean there is no taxation at death. Instead, right now there is a capital gains tax that can be levied on any assets over $1.3 million (or $3 million for a spouse). Congress has been struggling with trying to adopt a law which will put the $3.5 million estate tax exclusion back in place--...
Sharon Ravenscroft Estate Planning Blog
Welcome to my blog covering all things estate planning, family estate planning. business planning, wills, trusts & probate.
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