Michael Roberts posted an article, Estate Tax Strategies and the New Tax Code: Embracing Occam's Razor, Financial Planning, March 23, 2011.
The estate of a decedent who died in 2010 can decide to either pay a 35% estate tax rate or pay no estate tax with a modified carry-over basis. Although many would consider paying no estate tax more desirable, having a modified carry-over basis may ultimately cost more in taxes. An executor may have to weigh the interests of beneficiaries who have competing interests regarding this decision.
HAT TIP: Wills, Trusts and Estates Prof Blog
Posted by Adam Fleischer, Associate Editor, Wealth Strategies Journal.

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