Saturday, May 19th, 2012

What’s Up With The 2010 Estate Tax – Presented by Pete Mitchell

March 17, 2010 by  
Filed under All Posts, Estate planning

0% estate taxes in 2010 … for now, anyway. On January 1, the federal estate tax went away – at least for the time being and perhaps for all of 2010 as envisioned back in 2001. President Obama and Congressional leaders wanted the estate tax to stick around in 2010 at 2009 levels (estate taxes up to 45% with a $3.5 million exemption), but lawmakers were preoccupied with other matters.1,2