Trusts may be efficient tool in estate planning
from Liberty Tax Service
Estate planning can be a tedious process, especially for consumers who have significant assets, portfolios and properties to leave to heirs. This lengthy process is complicated by uncertainty surrounding estate taxes and how they will be modified in 2011. Last year's 45 percent tax rate and $3.5 million exemption expired at the end of 2009. Currently, there are no estate taxes.
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