kcjenkins Posted April 1, 2009 Report Share Posted April 1, 2009 http://taxprof.typepad.com/taxprof_blog/20...-death-tax.html Quote Link to comment Share on other sites More sharing options...
MontanaEA Posted April 1, 2009 Report Share Posted April 1, 2009 I think this is great. The exemption of the first $7 million per couple, $3.5 million per individual, the reinstatement of the step-up in basis rules, and the prevention of the exemption reverting back to the old amount (was it $1 million?), as was scheduled for 2011 all seem fair and good ways to make the estate tax easier to plan for and less erratic in its provisions. I'm all for it! Quote Link to comment Share on other sites More sharing options...
LindaB Posted April 1, 2009 Report Share Posted April 1, 2009 Thanks for the link, KC. I don't feel strongly about the estate tax one way or the other, but I would sure hate to see the step-up basis on inherited property go away. That would a tax increase on lots of taxpayers. Quote Link to comment Share on other sites More sharing options...
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