Pinterest • The world’s catalogue of ideas

Interesting kids down the block. Their chalk drawings inspired this haiku: Hopscotch? Much too tame. / These kids are C.S.I. fans / or quite macabre. And their art got me thinking about death and taxes and impending changes to the federal estate tax.

1
from About.com Money

What You Need to Know About the Federal Estate Tax

What You Need to Know About the Federal Estate Tax: U.S. Federal Estate Tax Return

4
1

12 Simple Steps to an Estate Plan A checklist to help you take care of your family by making a will, power of attorney, living will, funeral...

1

Connecticut Inheritance Taxes vs. Federal Estate Taxes

1. Federal Estate Tax exemption now permanently increased so no tax for Estates under $5,340,000., and will be adjusted annually for inflation. However, New Jersey taxes estates over $675,000. 2. Gifts permitted without Federal Estate & Gift tax was increased to $14,000 per person. 3. We recommend Self- Proving Wills since witnesses often move or pass away

In addition to the federal estate tax of 40 percent (which is fourth highest in the OECD), many U.S. states levy their own estate and inheritance taxes.  Estate taxes are charged against the estate regardless of who inherits the assets, while inheritance taxes are levied on the transfer of assets to heirs, based on the relationship of the inheritor to the deceased.

Ryan Plan Gets 69 Percent of Its Budget Cuts From Programs for People With Low or Moderate Incomes | Center on Budget and Policy Priorities

from Forbes

IRS Announces 2016 Estate And Gift Tax Limits: The $10.9 Million Tax Break

The amount you can leave to your heirs federal estate tax free is on the rise.

from About.com Money

If You've Left Assets Out of Your Trust, You've Defeated Its Purpose

When it comes to funding your Revocable Living Trust, this step is just as important as setting up your trust. Find out what happens to assets left out of your trust here.

1
from Forbes

IRS Announces 2015 Estate And Gift Tax Limits

IRS Announces 2015 Estate And Gift Tax Limits: The federal estate tax exemption rises to $5.43 million per person for 2015, but the annual gift exclusion amount stays at $14,000.

2