DOI: 10.5176/2010-4804_2.3.212
Authors: Nathaniel J. Harness, Daniel Edelman, and Ajamu Loving
Abstract:
Abstract— The U.S. is in an unprecedented estate planning conundrum that can bifurcate towards either elimination of estate taxes or reinstating exclusion amounts that are nearly 80{6e6090cdd558c53a8bc18225ef4499fead9160abd3419ad4f137e902b483c465} lower than the current exclusion amount and estate tax rates that are 20{6e6090cdd558c53a8bc18225ef4499fead9160abd3419ad4f137e902b483c465} to 25{6e6090cdd558c53a8bc18225ef4499fead9160abd3419ad4f137e902b483c465} higher. This paper discusses the current estate tax climate along with potential outcomes for 2013. We conclude with estate planning strategies given these potential outcomes.
Keywords: Estate Planning; EGTRRA; Estate Tax; Tax
Planning
Updating...