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<p>[QUOTE="doug444, post: 1674222, member: 38849"]Nothing unethical. With a $5 million exemption, most of our CT members will never pay a dime of Federal estate taxes or inheritance taxes.</p><p><br /></p><p>"...however, On December 16, 2010, Congress passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which was signed into law by President Barack Obama on December 17, 2010. The 2010 Act changed, among other things, the rate structure for estates of decedents dying after December 31, 2009, subject to certain exceptions. </p><p><br /></p><p>It also served to reunify the estate tax credit (aka exemption equivalent) with the federal gift tax credit (aka exemption equivalent). The gift tax exemption is now equal to $5,000,000."</p><p><br /></p><p>State taxes, of course, vary greatly.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1674222, member: 38849"]Nothing unethical. With a $5 million exemption, most of our CT members will never pay a dime of Federal estate taxes or inheritance taxes. "...however, On December 16, 2010, Congress passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which was signed into law by President Barack Obama on December 17, 2010. The 2010 Act changed, among other things, the rate structure for estates of decedents dying after December 31, 2009, subject to certain exceptions. It also served to reunify the estate tax credit (aka exemption equivalent) with the federal gift tax credit (aka exemption equivalent). The gift tax exemption is now equal to $5,000,000." State taxes, of course, vary greatly.[/QUOTE]
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