Life & Health Advisor: Scott Malin on Estate Planning
Count Down to 2013
Uncertainty Requires Flexibility In Estate Planning
In the world of estate planning, the last ten years have been a roller coaster ride. The estate tax exemption has ranged from $1 million to $5 million, with no estate tax at all for the year 2010, and the estate tax rates have ranged from 35% to 55%. After the estate tax was repealed for one year in 2010, the IRS had to spend an inordinate amount of time to publish regulations to deal with this one year anomaly, which of course were not issued until well into 2011. Read more ...