Save Your Estate: Will Estate Taxes Be Repealed?

Save Your Estate

Why should the government or anyone else direct what happens with your estate assets? Why should a court, a stranger, or someone other than your choice make the medical and financial decisions for you if you become sick and incapacitated? Why should anyone other than your spouse, life partner, or the one you choose make the decisions about your illness, hospital visits, your funeral and what happens to your estate?

About Me

Name: Ron Cappuccio

Location: Cherry Hill, NJ, United States

Ronald J. Cappuccio, J.D., LL.M.(Tax), business and tax attorney, has more than 30 years of tax and business law experience. Our firm helps form businesses and helps you grow and increase the profitability of your business. We will not let the IRS and state government prevent you from being successful. As a lawyer since 1976, admitted to practice before NJ State and Federal Courts, including the US Tax Court and the Court of Federal Claims, I have helped clients from around the U.S. as well as multi-national clients. I have dedicated my life to agitating people - especially the IRS and government functionaries. I have never worked for the IRS and therefore I do not have to worry about them as former colleagues. Fighting the government so you can keep your money is just plain fun for me!

Wednesday, April 13, 2005

Will Estate Taxes Be Repealed?

Next week, Congress resumes debate over whether it should permanently repeal the estate tax imposed when people die and leave their assets to their heirs. In 2001, Congress voted to reduce the tax until it is eliminated in 2010. But it is set to return in 2011 to a maximum 55% rate with an exemption on the first $1 million of the estate. House and Senate members have proposed bills for permanent repeal, and House members could take action as early as next week. Many groups, lead by Non-profit organizations and the tax and spend politicians and big government think tanks, are trying to reinstate the full estate tax and prevent the ultimate repeal. Please see the full article.