Charles Monat Associates: Tax changes likely for estates






PREVIOUS POSTS Hong Kong tax cut to boost growth Singapore dollar at 10-year highs UK 2007 Pre-Budget Report and Comprehensive Spendi... Chancellor plans £2bn tax raid on businesses Charles Monat profiled in Hong Kong Business Octob... What's Ahead for Financial Markets? Perspectives f... Family council the right forum to navigate to next... To Sell or Not to Sell? Going out on top Secrets of success in business succession planning
	Wednesday, October 24, 2007 Tax changes likely for estates Few people want to think about planning for death, but when 2011 gets here, more may wish they had. If you have assets of more than $1 million, the cost of not planning will come in the form of potentially higher taxes if you die after 2010. That's when the current estate tax exemption (the amount that's not subject to tax) of $2 million in assets expires and reverts to the 2001 exemption of $1 million. The higher exemption was the result of President Bush's tax cut plan, which expires in 2010. Read more... posted by Charles Monat Associates at 2:29 PM 0 Comments: Post a Comment « Home
Copyright © 2005 Charles Monat Limited. All rights reserved. Privacy Policy & Terms of Use

PREVIOUS POSTS