Estate Taxes and Exemption and Exclusion Amounts
Federal Estate Taxes Parameters: On June 7, 2001, the Economic Growth and Tax Relief Reconciliation Act of 2001 was singed into law and provides for a reduction in the federal estate and gift tax rates between the years 2002 through 2009. The law also increases during those years the unified credit amount which exempts assets […]
Read the rest of this entry »Posted on Tuesday, August 26th, 2008 at 2:33 pm and filed under Estate Planning.