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The Federal Estate Tax Is Repealed ... for Now

Pearson Butler
It was automatically repealed at year end when Congress failed to pass legislation to extend the tax into 2010. So, people are now joking that this is a good time to help multi-millionaire parents die. The tax rate was 45%. It is now 0%. Estate-tax professionals anticipate that the tax will be reinstituted but, for now, it is gone.
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The Federal Estate Tax Is Repealed ... for Now

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