That Fog Still Hasn’t Lifted From the Estate Tax
Conrad De Aenlle
February 13, 2010
The New York Times
http://www.nytimes.com/2010/02/14/business/yourtaxes/14estate.html
THE estate tax isn’t dead. It’s resting.
The tax has been eliminated for 2010, but the estates of people who die before the year is out may still not pass free and clear to their heirs. The complexities of the tax [...]
A Good Year To Die
January 4, 2010
Investor’s Business Daily
http://www.investors.com/NewsAndAnalysis/Article.aspx?id=517003
Fiscal Policy: The new year saw the death of the estate tax. But like Freddie Krueger, this epitome of class warfare and wealth redistribution is sure to return to wreak havoc among the living.
Once dubbed the “Paris Hilton” tax, the levy is supposed to target the inherited [...]
Estate-Tax Repeal Means Some Spouses Are Left Out
Martin Vaughan
January 2, 2010
The Wall Street Journal
http://online.wsj.com/article/SB10001424052748704162104574630680160876724.html?mod=WSJ_hpp_sections_personalfinance
WASHINGTON—Spouses of those wealthy who die this year might find themselves with nothing if the family will isn’t revised—a major wrinkle that could follow Friday’s repeal of the federal estate tax.
As started on Jan. 1, estate taxes will be repealed for [...]
Two-thirds hope to leave inheritance to family
March 12, 2009
London Evening Standard
http://www.thisislondon.co.uk/money/article-23779119-two-thirds-hope-to-leave-inheritance-to-family.do
Two-thirds of people expect to leave an inheritance for their relatives when they die, handing over nearly £200,000 each, a survey showed today.
Around 66% of people aged over 55 said they hoped to leave money to their loved ones, with people valuing their estates at [...]
Congress Throws Estate Plans Into Disarray
Lawyers see litigation and administrative nightmares resulting from political impasse.
Ashlea Ebeling
December 17, 2009
Forbes.com
http://www.forbes.com/2009/12/17/estate-tax-lapse-step-up-basis-personal-finance-planning-mess.html
Barring a last-minute political deal, the federal estate tax is set to disappear as of Jan. 1, 2010–for just one year.
Democratic leaders of Congress are vowing to resurrect the tax retroactively sometime next year, but the impending lapse [...]