Blogs Derek's Tax Blog Don't Plan on Dying in 2010
Written by Derek W. Jensen
Wednesday, 21 October 2009 12:29
Don't make your funeral plans just yet, if you are counting on the temporarily estate tax repeal in 2010.
This is the conclusion of Mark Nestmann in his article, "Q: Should You Die in 2010? (…For Tax Purposes, of Course)". For nearly a decade planning professionals have been snickering and joking about the possibility of offering death as planning option under the current law. Unfortunately, as we approach the stroke of midnight on December 31st, it isn't as funny as it once was. In Mark's article he describes how we got here, what some of the proposals are to get us out of this mess, and somethings you can do so you don't have to worry about what action congress takes.