Friday, October 19, 2012

2012 Estate Tax

On January 1, 2012, the federal estate tax exemption rate increased to $5.12 million for an individual ($10.24 million for a couple). That's up 2.4% from $5 million in 2011. This means that estates get an additional $120,000 that is exempt from the federal estate tax rate of 35%. Planning your estate to take advantage of emerging beneficial tax laws is imperative, especially for estates valued between $5 and $20 million.

Contact us today and find out how we can assist you in getting the most out of your wealth.

Movie to Watch

If you get tired of the same old action hero or cartoon character movies, why not look into viewing the best courtroom legal drama ever made...