Estate Planning

Steinbrenner family might face tax battle

July 15, 2010

ESPN, the self-proclaimed worldwide leader in sports, posted an article titled Family of New York Yankees owner George Steinbrenner might face tax battle – ESPN New York. As my loyal reader(s) may recall, this is something I touched on a few months ago in a short post which was cleverly titled: Certainties: Death – Yes, […]

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Certainties: Death – Yes, Taxes – Probably, Death Taxes – Depends

April 2, 2010

I met with a couple yesterday for some preliminary information on estate planning and once again I had to explain that things are not very clear at the moment regarding estate taxes. In 2009, the federal estate tax exemption was $3.5 million with a 45% tax rate. In 2010 there is an unlimited exemption as […]

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