'FLASH': Federal Estate And Generation-Skipping Transfer Taxes Will Be Suspended In 2010. Your Will May Need A Codicil To Preserve Your Intended Estate Plan.
Mondaq Business Briefing › United States Law Articles in English (2009)
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'FLASH': Federal Estate And Generation-Skipping Transfer Taxes Will Be Suspended In 2010. Your Will May Need A Codicil To Preserve Your Intended Estate Plan.
We are rapidly approaching January 1, 2010, the date on which the Federal estate and generation-skipping transfer ("GST") taxes are scheduled to be repealed, but only for calendar year 2010. Under existing law, the Federal estate and GST taxes will be reinstated on January 1, 2011, with a lower exemption ($1 million) and a higher tax rate (55%...
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