Estate Tax Planning Current law for estate tax, gift tax, and generation skipping transfer tax is a 35 rate with an exclusion of 5. 12 million. This is scheduled to change on January 1, 2013 to a 55 tax rate with an exclusion of 1 million. Topics on Estateplanning. com. Magnify Text Size: A A A Find a Planning Professional. Home; Learn. About Estate Planning Aug 18, 2013 View and download estate planning essays examples. Also discover topics, titles, outlines, thesis statements, and conclusions for your estate planning essay.
Even though most planners offer advice on a wide assortment of topics, some specialize in areas such as retirement and estate planning or risk management (Personal Financial Advisors, 2009).
Personal financial advisors regularly work with a lot of clients and frequently must identify their own customers. The article listed that the estate taxes would equal out to 916, 000 however the property is being sold for 749, 500 because there was no previous estate planning minus the will the estate will still need the property on the tax return.
Topics: Taxation in the United States, Estate planning also helps reducing taxes by having a better understanding on specific perks, like gift taxes, charity give away, appreciated stocks, and trust benefits.
Essay about Estate Planning