The federal estate tax chatter is warming to a buzz once again. Although the current federal estate law was passed just 6 months ago, change is in the wind.
Current Federal Estate Tax Law
Under current law, each individual may pass up to and including $5,000,000 in the years 2010 and 2011. The exemption is a lifetime or death exemption, meaning that you can give your assets away during your lifetime or after your death and use the same $5,000,000 exemption.
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Federal Estate Tax is Back in the News
