Estate Tax

RECENT NEWS
Forbes  Sep 23  Comment 
First, Hillary Clinton proposed raising estate taxes from the current 40% to 45%. Now, she wants a 65% death tax. Any questions?
Wall Street Journal  Sep 22  Comment 
Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax...
MarketWatch  Sep 16  Comment 
Trump's revised tax plan no longer scraps estate tax
Forbes  Sep 13  Comment 
While it remains to be seen how committed either Trump or Clinton are to actual estate tax reform, it is clear that both parties will continue to campaign as though the estate tax issue is far from settled.
Forbes  Sep 8  Comment 
Today the federal estate tax will turn 100. And that brings to mind one of the most familiar set pieces of modern American politics: Republicans call for repealing the estate tax, and Democrats denounce the idea. This year Donald Trump and...
Forbes  Aug 9  Comment 
Trump would repeal federal estate taxes, while Hillary will increase them materially, raising the rates and cutting the exemption.
MarketWatch  Aug 2  Comment 
Government wants to limit technique for lowering estate, gift taxes that takes advantage of discounted values for fractional interests in closely-held businesses
Motley Fool  May 20  Comment 
The federal estate tax exemption is very high -- your heirs owe the IRS no taxes on the first $5.45 million -- some states hit those with much lower net worth. Find out if you live in one of them.
MarketWatch  Apr 30  Comment 
In 1916, as World War I raged in Europe, Congress wanted to boost U.S. revenues in case America joined the fighting.
Forbes  Apr 25  Comment 
A $5.4M exemption from estate taxes isn't as big as you might think. And Democrats want to slash it to $3.5M and raise the estate tax rate again to 45%.




 

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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