Estate Tax

RECENT NEWS
Motley Fool  Jul 16  Comment 
High rates have always been a feature of this hated tax, but things aren't as bad as they used to be.
Forbes  Jun 25  Comment 
Sanders' "responsible" estate tax has a $3.5 million exemption, top 65% rate, and closes "loopholes" like GRATs, dynasty trusts, even annual exclusion gifting.
Motley Fool  Apr 22  Comment 
What is the estate tax, and whom does it apply to? You may be surprised to find out.
New York Times  Apr 16  Comment 
President Obama criticized the measure, calling it a giveaway to the nation’s wealthiest families.
MarketWatch  Apr 16  Comment 
Why the congressional drive to kill the estate tax looks dead, at least for now.
Forbes  Apr 15  Comment 
Republicans want to repeal the estate tax because too much is never enough.
Insurance Journal  Apr 15  Comment 
The White House on Tuesday said Democratic President Barack Obama’s advisers would recommend that he veto a pending Republican-authored bill to repeal the estate tax. A vote on the bill in the House of Representatives could come as soon as...
Yahoo  Apr 2  Comment 
President Barack Obama is unhappy about plans by Republicans who control Congress to repeal the estate tax. Obama was traveling to Kentucky on Thursday to visit a Louisville-based technology company and ...
Insurance Journal  Mar 26  Comment 
The 99-year-old U.S. estate tax would disappear under a bill approved Wednesday by the House Ways and Means Committee. The legislation, backed on a 22-10 party-line vote, would benefit about 5,500 families who pay the tax each year plus thousands...
Insurance Journal  Mar 25  Comment 
The House Ways and Means Committee plans to vote this week on a bill to repeal the U.S. estate tax, said Doug Andres, a spokesman for committee chairman Paul Ryan, a Wisconsin Republican. The move to repeal the estate tax … The article House...




 

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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