1% Loans – Act Now – Available For A Short Time Only

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1% Loans – Act Now – Available For A Short Time Only

By James F. McDonough, Jr. on August 8th, 2012

Will your heirs be able to borrow money after your death at an interest rate of one percent (1%), in order to pay the tax on your decedent estate?

U.S. taxpayers do not realize that they are living in a period of incredible opportunity for wealth transfer and income tax planning. They are upset by the upcoming presidential election, the looming fiscal cliff, the EU crisis, the Greek exit, and a European recession. Their financial and legal advisors do not know whether to serve coffee or anti-depressants to them at meetings.

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Published In: Tax Updates, Wills, Trusts, & Estate Planning Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© James McDonough, Scarinci Hollenbeck | Attorney Advertising

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