Obama budget impact on estate planning

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Although legislation was passed this year on the estate tax, limiting the top tax to 40 percent, with only estates worth over $5.25 million subject to the tax, President Obama’s budget still wants to return to the 2009 levels starting in 2018.

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Published In: 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.

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