Navigation Links
Pozzuolo Rodden, PC, Philadelphia Estate Planning Attorneys, Are Pleased to Announce the Release of the Article "Hot Topics in Estate Planning- 2013"
Date:7/20/2013

the top estate tax rate would have been 55% with an exclusion amount of only $1 million, indexed for inflation. The practical effects of the Act are significant. If the Act had not been passed, a person dying with a $2 million taxable estate could potentially have to pay over a $1 million in estate taxes on the estate.

     The American Taxpayer Relief Act also provides for “portability” between spouses. In other words, the estate of the first to die spouse may make a portability election to permit the surviving spouse to use the first to die spouse’s unused estate tax exclusion amount on the surviving spouse’s estate. The practical effect of this is to increase the surviving spouse’s estate’s exclusion amount to potentially $10 million. Without enactment of the Act, portability would not be available. This could be problematic for those couples near the threshold of the estate tax exclusion in that while individually, neither of their estates was large enough to trigger taxes, but when coupled together, the value of the estate would cross the tax threshold. Thus, when the first spouse dies and leaves everything to the other spouse, the other spouse’s estate would potentially have to pay taxes on the accumulated estate.

     B. Gift Tax. Similar to its effect on the estate tax, the American Taxpayer Relief Act set the maximum federal gift tax rate at 40%. The Act also includes a $5 million dollar lifetime gift tax exclusion which is adjusted for inflation. Thus, a person still may gift up to $5 million (or more) tax free during his lifetime.

     C. Generation Skipping Transfer Tax. The American Taxpayer Relief Act set the maximum federal generation skipping transfer tax rate at 40%. The Act also includes a $5 million dollar lifetime generation skipping transfer tax exclusion which is adjusted for inflation. The generation skipping transfer tax usually applies when a person makes
'/>"/>

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Joseph Pozzuolo and Jeff Pozzuolo, Estate Planning Attys. Will Conduct a Penn State CLE/CPE: The Basics Of Estate Tax Planning After The 2012 American Taxpayer Relief Act
2. Joseph R. Pozzuolo, Esq of Pozzuolo Rodden, Phila Business Attys. will Conduct a CLE/CPE Live/Webcast Commercial Loan Document Seminar for LawLine on May 15, 2013 in NY
3. Pozzuolo Rodden, P.C., Philadelphia Business Attorneys, Announce the Release of the Article: " Can I Sell The Stock Of My Small Business And Pay Zero Federal Taxes?"
4. Pozzuolo Rodden PC, Philadelphia Estate Planning Attorneys, Announce the Release of the Article "How To Use A Trust To Protect Your Children's Inheritance From Divorce"
5. Pozzuolo Rodden, P.C., Philadelphia Business Planning Attorneys, Announce the Release of "IRS Reaffirms Its Commitment To Expand The Audits Of High Net Worth Individuals"
6. The Children’s Hospital of Philadelphia’s 17th Annual Fetal Surgery Family Reunion Gathers Families from Across the U.S.
7. Actors, Models and Talent for Christ Announces Philadelphia Auditions for Up and Coming Talent of All Ages on Saturday, June 22th
8. The Children's Hospital of Philadelphia Earns No. 1 Ranking on U.S. News & World Report’s Best Children’s Hospital List
9. The Children’s Hospital of Philadelphia Celebrates the Birth of Its 1,000th Fetal Surgery Patient
10. Two Community-Involved, Philadelphia-area Students Receive $8,000 Scholarships
11. Editions TV Presents June Air Dates for Philadelphia, PA
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/30/2015)... Join local United Methodists as they Rethink Church ... to provide healthcare for the 512 students at Raise ... on Saturday, April 18, at 9 a.m. at Edwin ... Road in Nashville. , Raise the Roof Academy in ... medical care. The nearest clinic is a three-hour walk. ...
(Date:3/30/2015)... Calif. (PRWEB) March 30, 2015 Hosted ... CDA, the CDA Cares free, two-day dental clinic in ... 2,080 people March 27-28. , In addition to ... Californians who experience barriers to care, CDA Cares educates ... oral health and the need for an adequately funded ...
(Date:3/30/2015)... Los Angeles, CA (PRWEB) March 30, 2015 ... annual “Trial Lawyer Skills for the New Attorney” seminar for ... The event brings top trial attorneys in the Southern ... new attorneys encounter. Doctors on Liens was ... the new attorneys to the doctors their clients will need ...
(Date:3/30/2015)... With the summer dry season approaching, residents ... to make sure they have enough water. Fresh water ... that when Earth loses water and becomes dehydrated, the ... Kleyne calls this “body drought” and suggests several ways ... body drought and dehydration on her Sharon Kleyne Hour™ ...
(Date:3/30/2015)... Nashville, Tenn. (PRWEB) March 30, 2015 ... currently has three locations providing medical care to infants, ... optimum health for their children. , The owner/provider ... providers at Grace Pediatrics, strive to provide expertise in ... young adults. Patients receive care from health professionals who ...
Breaking Medicine News(10 mins):Health News:Hike2Heal and Rethink Church Raise Funds To Provide Healthcare for Ugandan Children with 3rd Annual Raise the Roof 5K on April 18 2Health News:CDA Cares Sacramento Dental Clinic Provides $2 Million in Care 2Health News:Doctors on Liens Sponsors New Personal Injury Attorneys in Los Angeles 2Health News:Doctors on Liens Sponsors New Personal Injury Attorneys in Los Angeles 3Health News:As California Dry Season Approaches, Risk of Body Drought Increases, Warns Fresh Water Advocate 2Health News:As California Dry Season Approaches, Risk of Body Drought Increases, Warns Fresh Water Advocate 3Health News:Nashville Web Design Company Announces New Site Launch For Pediatrics Doctor 2
... cause more aggressive cancer, study contends , WEDNESDAY, July 8 ... in prescribing the drug finasteride to men at risk for ... dilemma when trying to decide whether to use the drug, ... one in five men who take it. However, findings from ...
... who wrote more articulate essays were protected from symptoms , ... abilities in early adulthood were less likely to have Alzheimer,s ... brain changes that are hallmarks of the disease. ... housed bigger neurons, according to a study appearing in the ...
... indomethacin could hold promise as a treatment for Alzheimer,s ... Two research studies published by William A. Banks, ... at Saint Louis University School of Medicine, support this ... in giving clues on how Alzheimer,s disease develops and ...
... forth: words like "pyrosis" and "myocardial infarction." The patient,s ... or "heart attack," the patient could learn what caused ... all too familiar. In 2005, Jessica Ridpath noticed it ... taking part in studies. "Informed consent means ...
... CHICAGO, July 8 The Hispanic ... its 75 city tour, including the top 10,Hispanic cities, to ... The tour recently cruised through Chicago hosting free,events to encourage ... well,with nature,s wellness drink: milk. , ...
... , , WAUSAU, Wis., July 8 Like ... fibrillation, a common heart condition that greatly increases the risk ... bodies to beat irregularly. , , Aspirus cardiovascular ... called thoracoscopic ablation on Simonis to correct the condition that ...
Cached Medicine News:Health News:Prostate Drug Appears Safer Than Thought 2Health News:Greater Language Skills in 20s May Guard Against Alzheimer's 2Health News:Greater Language Skills in 20s May Guard Against Alzheimer's 3Health News:Inflammation may trigger Alzheimer's disease, Saint Louis University findings suggest 2Health News:From slam poetry to plain language for health care 2Health News:From slam poetry to plain language for health care 3Health News:The Hispanic got milk? Campaign Visits Chicago from July 2 - July 10 2Health News:Advanced Heart Procedure Treats Growing Problem 2Health News:Advanced Heart Procedure Treats Growing Problem 3
(Date:3/30/2015)... , March 30, 2015  The investigational ... to alleviate certain menopause symptoms, such as hot flashes, ... Journal of Women,s Health .[i] "Current ... S- equol for menopausal vasomotor symptoms and possibly additional ... safety of S- equol, physicians and health care ...
(Date:3/30/2015)... March 30, 2015  Building on the momentum of the ... provider of medical alert systems, has announced aggressive plans to ... program and Managed Care business models. The first ... , Tennessee and Louisiana ... regional contracts to span statewide coverage in each state. This ...
(Date:3/30/2015)... 2015 Perrigo Company plc (NYSE: PRGO ... Healthcare Products®," today announced that it has completed the ... a cash and equity transaction valued at approximately €3.8 ... debt. Sellers are Marc Coucke , Waterland Private ...   "The combination of Perrigo and ...
Breaking Medicine Technology:New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 2New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 3New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 4New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 5New Scientific Review Suggests Some Women May Benefit from Considering Use of S-equol to Ease Menopause Symptoms 6MedScope's Aggressive 2015 Expansion Focuses on Medicaid Waiver and Managed Care Organizations 2Perrigo Company plc Completes Acquisition Of Omega Pharma Invest N.V., Creating A Top Five Global OTC Company 2Perrigo Company plc Completes Acquisition Of Omega Pharma Invest N.V., Creating A Top Five Global OTC Company 3Perrigo Company plc Completes Acquisition Of Omega Pharma Invest N.V., Creating A Top Five Global OTC Company 4Perrigo Company plc Completes Acquisition Of Omega Pharma Invest N.V., Creating A Top Five Global OTC Company 5
... Liponex Inc. (TSX:LPX), a,biopharmaceutical company specializing in ... (HDL), often called,"good cholesterol," today announced information ... Trial of its lead product,CRD5. CRD5 is ... and,heart disease. , A detailed review of ...
... SOUTH SAN FRANCISCO, Calif., April 13, 2007,/PRNewswire-FirstCall/ -- ... present data at the Annual Meeting,of the American ... 2007 in Los Angeles, California. , Data being ... data on SNS-032, a highly selective and potent,inhibitor ...
Cached Medicine Technology:Liponex Inc. Reports Further Analysis of CRD5 Phase I/II Clinical,Trial Data 2Liponex Inc. Reports Further Analysis of CRD5 Phase I/II Clinical,Trial Data 3Sunesis Pharmaceuticals to Present Data at the Annual Meeting of,the American Association for Cancer Research 2
... Advanced diagnostic capabilities combined with ease ... best product in its class. Ideal for ... a complete system for Uroflowmetry, cystometry, leak ... (8) configurations are available which make the ...
With the URODYN® 1000 stationary uroflow recorder you can leverage unsurpassed accuracy and reliability while providing a more pleasant and discreet experience for your patients....
Windows-Based Urodynamics for Fast and Straightforward. Testing For Clinics Where Logic and Efficiency are at a Premium...
... EasyPro - As easy to use as ... increasingly demanding medical justification of therapeutic procedures. ... urinary tract symptoms (LUTS), that requires urodynamics. ... fast becoming routine in the office environment, ...
Medicine Products: