Posted on August 17, 2010 by Greg Herman-Giddens

Retroactive Estate Tax in 2010 Unlikely

While there is still debate over whether Congress will increase the scheduled $1 million exemption and decrease the 55% rate when the estate tax returns in 2011, as the days and weeks pass it seems much less likely that the estate tax will be implemented retroactively for 2010.  See this article in Investment News, which also discusses upcoming changes in the the income tax.

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