The per-person exemption for estate and gift taxes has gone up to $5.12 million. It reverts to $1 million per person at the end of this (election) year, if Congress does not act in the interim.
The top tax rates on taxable estates and gifts remains 35%. In 2013 it is slated to increase to 55%.
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The Lion Cub deed is an elusive creature. It is fleetingly mentioned on the web sites of some Michigan estate planning and real estate attor...
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The 2019 SECURE Act made a major modification to post-mortem distributions of funds from IRAs and qualified retirement accounts to non-spous... -
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