Archive for August 2008
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 theĀ 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 MoreSSI Title XVI Benefits and Your Work Attempt: Still Eligible? 5 Important Points
1. Expedited Reinstatement A disabled or blind individual whose eligibility for SSI payments ended because of earnings can request expedited reinstatement of his/her SSI benefits without filing a new application. To qualify for expedited reinstatement, the individual must make the request within 60 months after his/her eligibility ended and must have a disabling medical condition…
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