Estate taxes set to expire in 2010

Posted on Dec 19, 2009

Congress' failure to pass a new estate tax law means decedents who die in 2010 won't owe any estate taxes no matter how large their estate.  The current estate tax law calls for the repeal of the estate tax in 2010 and its return in 2011.  Congress spent most of this year making various proposals to extend the current law but none of them passed.  It now appears no new estate tax law will be passed this year.

Congress almost surely will pass a new estate tax law in 2010.  As the article in the link above mentions, Congress will probably make whatever estate law is passed retroactive to the beginning of 2010.

Read More About Estate taxes set to expire in 2010...

back to top

The Grossman Law Firm, A.P.C. are San Bernardino, California probate lawyers.  We help probate estates in San Bernardino County, California.  We appear in the Redlands probate court for cases from Rancho Cucamonga, Ontario, Fontana, Rialto, San Bernardino, Victorville, Hesperia, Apple Valley, Loma Linda and Redlands, California. If you  would like more information on probate and trust administration then order our free book The Insider's Guide to California Probate and Trust Administration as well as our free DVD Probate a Will or Administer a Trust After the Death of a Loved One.