Estate Tax

RECENT NEWS
Forbes  Mar 20  Comment 
The state of state death taxes, always in flux, is getting to look more like the federal picture.
MarketWatch  Feb 19  Comment 
How those married to foreign nationals can avoid the estate tax, by Bill Bischoff.
Bloomberg  Jan 30  Comment 
Barry Ritholtz COMMENTS
Michael James on Money  Jan 3  Comment 
I managed a few posts during the holidays, including my (late) jump into Twitter as @MJonMoney: Your Unused TFSA and RRSP Contribution Room is Shrinking! Dragged Kicking and Screaming Study Distracts from Message about High CEO Pay Things...
Forbes  Oct 21  Comment 
Something that comes across very clearly in the recent Salerno biography and documentary is that JD Salinger was passionate about protecting the integrity of his work.  Being a tax blogger and all that makes has me thinking about the unique...
Forbes  Sep 10  Comment 
With the market for trusts withering due to the expansion in exemptions from the federal estate tax, estate attorneys are turning to finding ways for rich clients to shuffle money to relatives with the aim of reducing income tax liability.
Forbes  Jun 6  Comment 
The big January tax law made the federal estate tax permanent, but the man who dubbed it the “death tax” is back battling to get rid of it. “We can repeal this tax in 2017,” booms 77-year-old Jim Martin, one of the early eccentric...
The Globe and Mail  May 27  Comment 
How do the latest changes in the U.S. estate tax affect Canadians who own properties in Florida or Arizona? Rob Carrick takes a look




 

An estate tax is a tax levied on an heir's inherited portion of an estate if the value of the estate exceeds a certain limit set by law. The estate tax is imposed on assets left to heirs, not the transfer of assets to a surviving spouse.

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