Friday, May 14, 2010

Sen. Lincoln pushes estate tax fix for small businesses

Sources close to the matter have recently said that the levy would be set at 35 percent for those worth more than $3.5 million; however, the exemption would ultimately increase over time to $5 million and would be indexed for inflation. Prepayment trusts would pay a lower rate.

Posted via web from The Modern Planner

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