The estate tax has always been contentious?but now the debate has taken on new life. Because of Senate inaction, the estate tax lapsed at the end of last year. While there's no estate tax this year, heirs of those dying in 2010 may owe ...
The federal estate tax was repealed for the year 2010, but in 2011 the tax is supposed to return at even higher levels than in 2009. In 2009, estates valued at less than $3.5 million were exempt from federal estate tax (the limit for a ...
