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Recent Real Estate News

Estate Tax Is Expiring, but Death Won’t Last, NY Times, 12/18/09

By: Carl Hulse, New York Times, December 18, 2009


With lawmakers unable to agree on a year-end fix for a quirk in the Bush-era tax cuts, the federal estate tax is set to be repealed for one year as of Jan. 1, meaning that those who suffer a timely death could escape the usual certainty of taxes.

“If you are at the checkout counter, you might want to expedite things,” said Representative Richard E. Neal, the Massachusetts Democrat who heads the House subcommittee on taxation.


Read more here: http://www.nytimes.com/2009/12/18/us/politics/18cong.html?_r=1&th&emc=th


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