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.
Showing posts with label probate. Show all posts
Showing posts with label probate. Show all posts
Friday, October 19, 2012
Friday, October 14, 2011
Brand new blog!
Welcome to our new blog! Our law firm is dedicated to assisting clients in their IRS issues, estate planning, probates, asset protection and entity formation. Our attorneys and paralegals are devoted to providing the very best personal service and legal advice to our clients.
We'll be updating our followers with the latest in firm news, legal news and legal opinions, and hope to hear from you soon.
We'll be updating our followers with the latest in firm news, legal news and legal opinions, and hope to hear from you soon.
Subscribe to:
Posts (Atom)
-
V – “V” stands for V aluation of the estate. The VALUATION of your estate will determine whether or not it will be subject to tax. Of ...
