Estate Tax Change to Affect Nearly 15 Million Households


Estate Tax Change to Affect Nearly 15 Million Households

By James F. McDonough, Jr. on November 7th, 2012

The current estate tax law conditions are expected to expire on December 31, 2012, if lawmakers fail to act. If the existing provisions are allowed to lapse, 14.7 million of the nation’s individuals and small business owners may face additional tax liabilities, making it crucial that they take advantage of the lucrative estate tax benefits before the end of year, according to life insurance trade group LIMRA.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:


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

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.