Roger Goss |
Greetings!
Death &
taxes are two things
we ALL must face. And in the USA, there actually is a death tax, called
the
Estate Tax, which is based on the value of the assets you own at the
time of
your death. The amount that can escape Estate Taxes has changed from
$60,000 to
$3,500,000 during my 38 year career. In 2010, there is NO Estate Tax,
but our
friends in Washington have vowed to reinstate the Estate Tax and make it
retroactive to January 1, 2010.
Do YOU have
an Estate Tax issue?
Word on the street is that Congress is considering an amount exempt
from
Estate Taxes at $3.5 million to possibly as much as $5 million. You might
be
surprised at the size of YOUR
estate
once you add the value of all your assets. After all, your estate includes everything you own----life
insurance
at face value, 401k plan, IRA, CDs, checking accounts, savings accounts,
brokerage accounts, home and furnishings, other real estate, jewelry,
art, gun
collections, coin collections, automobiles, boats, etc.
|
