http://diesmart.com Sat, 28 Apr 2012 17:55:19 +0000 en hourly 1 http://wordpress.org/?v= http://diesmart.com/estate-planning/estate-taxes/2010-tax-relief-act-estate-tax-update/ http://diesmart.com/estate-planning/estate-taxes/2010-tax-relief-act-estate-tax-update/#comments Thu, 06 Jan 2011 02:46:35 +0000 Kathy Lane http://diesmart.com/?p=7126 Related posts and pages:

• Estate Tax: Senate Bill 722 The 2010 Congressional Budget Resolution recommends a personal estate tax exemption allowance of $3.5 million. The value of estates above that would be taxed at 45%. However, the language in the Budget Resolution does not provide for the “portability” of the $3.5 million allowance to a surviving spouse. Without “portability”, the proposed estate tax laws [...]...
• Dying in the year 2010: Why Is It Different? On January 1, 2010, the rules about taxing inherited asets changed. To understand why dying in the year 2010 is different from dying in any other year, you must understand how inherited assets are taxed. Unless someone dies in 2010, all of their heirs will inherit property with a “stepped-up basis.”    Stepped-up basis is an Internal [...]...
• Estate Tax Update-H.R. 4154 Last week, Senator Pomeroy introduced  H.R. 4154.       The bill is scheduled for discussion and a vote later  this week.     The language in H.R. 4154 is very short and to the point.    This Act may be cited as the “Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009″. The bill includes this language:   ” A [...]...

]]> http://diesmart.com/estate-planning/estate-taxes/2010-tax-relief-act-estate-tax-update/feed/ 0 http://diesmart.com/estate-planning/estate-taxes/dying-in-the-year-2010-why-is-it-different/ http://diesmart.com/estate-planning/estate-taxes/dying-in-the-year-2010-why-is-it-different/#comments Thu, 07 Jan 2010 02:25:37 +0000 Kathy Lane http://diesmart.com/?p=6762 Related posts and pages:

• 2010 Tax Relief Act: Estate Tax Update . 2010 Tax Relief Act:  Federal Estate Tax Provisions On December 16, 2010 Congress passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.   Section III of the bill is titled “Temporary Estate Tax Relief”. Section III gives instructions on how estate representatives should calculate and pay estate taxes for decedents who [...]...
• The Federal Estate Tax Pay attention to the House of Representatives this week! It appears our government is getting ready to decide how to change the current federal estate tax laws over the next couple of weeks. Will the House of Representatives recommend the 2009 $3.5 million federal estate tax exemption allowance become the permanent allowance starting in the [...]...
• Estate Tax: Senate Bill 722 The 2010 Congressional Budget Resolution recommends a personal estate tax exemption allowance of $3.5 million. The value of estates above that would be taxed at 45%. However, the language in the Budget Resolution does not provide for the “portability” of the $3.5 million allowance to a surviving spouse. Without “portability”, the proposed estate tax laws [...]...

]]> http://diesmart.com/estate-planning/estate-taxes/dying-in-the-year-2010-why-is-it-different/feed/ 0 http://diesmart.com/estate-planning/estate-taxes/house-of-representatives-passes-h-r-4154/ http://diesmart.com/estate-planning/estate-taxes/house-of-representatives-passes-h-r-4154/#comments Fri, 04 Dec 2009 01:37:32 +0000 Kathy Lane http://diesmart.com/?p=6737 Related posts and pages:

• Estate Tax Update-H.R. 4154 Last week, Senator Pomeroy introduced  H.R. 4154.       The bill is scheduled for discussion and a vote later  this week.     The language in H.R. 4154 is very short and to the point.    This Act may be cited as the “Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009″. The bill includes this language:   ” A [...]...
• Estate Tax: Senate Bill 722 The 2010 Congressional Budget Resolution recommends a personal estate tax exemption allowance of $3.5 million. The value of estates above that would be taxed at 45%. However, the language in the Budget Resolution does not provide for the “portability” of the $3.5 million allowance to a surviving spouse. Without “portability”, the proposed estate tax laws [...]...
• The Federal Estate Tax Pay attention to the House of Representatives this week! It appears our government is getting ready to decide how to change the current federal estate tax laws over the next couple of weeks. Will the House of Representatives recommend the 2009 $3.5 million federal estate tax exemption allowance become the permanent allowance starting in the [...]...

]]> http://diesmart.com/estate-planning/estate-taxes/house-of-representatives-passes-h-r-4154/feed/ 0 http://diesmart.com/estate-planning/estate-taxes/estate-tax-update-h-r-4154/ http://diesmart.com/estate-planning/estate-taxes/estate-tax-update-h-r-4154/#comments Wed, 02 Dec 2009 09:56:39 +0000 Kathy Lane http://diesmart.com/?p=6735 Related posts and pages:

• House of Representatives Passes H.R. 4154 On December 3rd the House passed H.R. 4154, the Permanent Estate Tax Relief for Families, Farms, and Small business Act of 2009 by a vote of 225 to 200. The bill willl permently extend the tax exempton and the maximum tax at the current rate.  As of 2009, the estate tax deduction is set at [...]...
• What will happen to the poor little rich dog’s ashes? When Leona Helmsley died, she left $12 million in her will allocated to the care of her beloved Maltese lapdog, Trouble. In 2008, after some of Helmsley’s heirs protested, a judge reduced Trouble’s inheritance to a mere $2 million, saying that $12 million exceeded the amount necessary to care for the dog, even when providing [...]...
• 2010 Tax Relief Act: Estate Tax Update . 2010 Tax Relief Act:  Federal Estate Tax Provisions On December 16, 2010 Congress passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.   Section III of the bill is titled “Temporary Estate Tax Relief”. Section III gives instructions on how estate representatives should calculate and pay estate taxes for decedents who [...]...

]]> http://diesmart.com/estate-planning/estate-taxes/estate-tax-update-h-r-4154/feed/ 0 http://diesmart.com/estate-planning/estate-taxes/the-federal-estate-tax/ http://diesmart.com/estate-planning/estate-taxes/the-federal-estate-tax/#comments Mon, 16 Nov 2009 05:19:16 +0000 Kathy Lane http://diesmart.com/?p=6717 Related posts and pages:

• Estate Tax: Senate Bill 722 The 2010 Congressional Budget Resolution recommends a personal estate tax exemption allowance of $3.5 million. The value of estates above that would be taxed at 45%. However, the language in the Budget Resolution does not provide for the “portability” of the $3.5 million allowance to a surviving spouse. Without “portability”, the proposed estate tax laws [...]...
• 2010 Tax Relief Act: Estate Tax Update . 2010 Tax Relief Act:  Federal Estate Tax Provisions On December 16, 2010 Congress passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.   Section III of the bill is titled “Temporary Estate Tax Relief”. Section III gives instructions on how estate representatives should calculate and pay estate taxes for decedents who [...]...
• Dying in the year 2010: Why Is It Different? On January 1, 2010, the rules about taxing inherited asets changed. To understand why dying in the year 2010 is different from dying in any other year, you must understand how inherited assets are taxed. Unless someone dies in 2010, all of their heirs will inherit property with a “stepped-up basis.”    Stepped-up basis is an Internal [...]...

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