Estate Tax-Federal Estate Tax

CertWealthStrategist asked:

The Certified Wealth Strategist designation launches its NEW 2010 podcast series. Today, Clark Brown will discuss the many proposals out there on the Estate Tax and what you can do right now to keep your clients in the loop. For more information on the designation: www.certifiedwealthstrategist.com

Henry

YourOnlineProfessor asked:

On behalf of YourOnlineProfessor.net, attorney Edward L. Perkins discusses techniques and methods for both estate planners and those involved in the estate planning process to consider in light of recent changes. This course will provide a detailed look at estate planning in the year 2010 and beyond, including an outline of recent developments that might considerably change your approach to both current and future estate planning. Please see our website or YouTube channel for this program’s other Units. Visit YourOnlineProfessor.net today to learn how to receive CPE or Pennsylvania CLE credit through this course and many others.

Adrien Mccaul

StewartWelchIII asked:

One of the Nations top Financial Advisors, Stewart Welch, founder of The Welch Group appeared on Fox News to discuss the current situation around the Estate Tax Laws, the confusion, the issues and the potential problems. “In a late 2009 article in The Birmingham News, I predicted that Congress would extend the 2009 estate tax rules rather than allow the scheduled repeal of all estate taxes to take effect. I was wrongmaybe. Its true that Congress failed to take any action which means that currently there are no estate taxes no matter what size your estate. “

Hector Scordino

junglejoe asked:


… just like Edwards kept $700,000 in Medicare taxes away from our grandparents.

Is that fair?
I thought Dems were in favor of doing all they can to help the poor and average American.

Oh, they are as long as someone else pays for it.

Devon Clayton

ChecksAndBalancesTV asked:

checksandbalances.tv – Checks and Balances TV host Matthew J Rettick discusses the Estate Tax and Estate Tax planning, providing examples of famous people who experienced problems with the Estate Tax. Michael Jackson is showcased in the examples of famous people who have lost millions of dollars because of poor Estate Tax planning, along with Sonny Bono, Heath Ledger, Princess Diana, and Marilyn Monroe. Watch Checks and Balances TV – America’s #1 Source for Balanced Financial Advice each week at http Facebook Page: www.facebook.com

Edgardo Hampon

Think about it asked:


As of 2012 there will be a 3.8% federal tax on home sale price. So if you sell a house for $400,000 you will be penalized with a $15,200 tax (and the rate could go up, you know they never lower it). Also plans to no longer be able to write off the interest on your mortgage. Why didn’t Obama talk about all the taxes in the bill and lied about the coverage pretending everyone will be covered yet failing to mention a little detail that they’d have to pay for it? There are tons of other taxes in there but I thought I’d point this one out cuz it’s a biggie.
Democrats lie even when there is evidence as it is clearly spelled out in the bill. I was just emailed the info with the article attached that I can’t post here by a real estate attorney who acts as a judge in California. Why do democrats deny the truth? Just google it if you are one of the truth denier democrats. Those of us who already have health insurance (or those who don’t for their freedom of choice) are being penalized to foot the bill for the welfare crowd by taxing us to death so we will all be just below the poverty line and easy to manipulate and control.
Penalties on individuals. Individuals will pay a yearly penalty of $695, or up to 2.5 percent of their annual income, if they cannot show they have purchased a government-approved health policy.

Penalties on families. Families will pay a yearly penalty of $347 per child, up to $2,250 per family, if parents cannot show they have purchased a government- approved policy.

Tax on Home Sales. Imposes a 3.8 percent tax on home sales and other real estate transactions. Middle-income people must pay the full tax even if they are “rich” for only one day – the day they sell their house and buy a new one.

Tax on medical aid devices. Creates a new 2.9 percent tax on medical aid devices. Certain items intended for personal use are exempt.

Tax on investment income. ObamaCare imposes a 3.8 percent annual tax on investment income of individuals making $200,000 or more and on families making $250,000 or more. Seniors on fixed incomes and people with IRAs and 401(k) plans will be hit hard.

Clint Mcgrain

treefarmsystem asked:

Visit www.familyforestaction.org to join the American Forest Foundation in the fight to fix the estate tax for America’s Family Forests.

Shalanda Edward

kvercammen asked:

2009 increases in Federal Estate and Gift Tax exemption The amount to leave without Federal Estate Tax is increased to 3500000 for 2009. 2009$ 3500,00045% 2010 No estate tax if person dies in 2010 only, but 35% (gift taxes only) [2010 is best year for your rich uncle to pass away] 2011 $1000,00055% 2012 -??? Waiting for Congress to decide Gift permitted without Federal Estate & Gift tax was increased to $12000. The amount permitted for Medicaid transfers is zero. For representation in Probate and Estate Administration, contact the Law Office of Kenneth Vercammen 732-572-0500 www.CentralJerseyElderLaw.com

Monica

bellingergerald asked:


There is two names on the deed of property. The other owner, has left the state, and I can not find him, and don’t have the money for a people search. He is not helping with property tax, and has no interest in the property. I would like to sell or buy him out, but with two names on the deed, what do I do. It is called a tennants in common realationship or contract. Help! if you can.

Chu Rojo

RepAlanGrayson asked:

Congressman Grayson discusses the Estate Tax and Bush tax cuts on Fox Business Network’s Follow The Money with Eric Bolling on December 8, 2010.

Roberto Maxberry