Thursday, December 22, 2011

Where Not To Die In 2012 - Forbes

Where Not To Die In 2012 - Forbes: As of Jan. 1, 2012, the federal estate tax exemption will be indexed for the first time, so that for 2012, up to $5.12 million of an estate will be exempt from the current 35% federal estate tax. That’s up from $5 million in 2011, meaning an individual could leave $120,000 more federal-estate-tax-free if he dies on Jan. 1, 2012, not Dec. 31, 2011. Meanwhile, separate state levies are still a big concern for families. And there are changes for 2012 on the state levies on dying—for better and for worse

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