That’s right, the estate tax is officially repealed for this year and this year alone. What this means is that if anyone dies in 2010, no matter how much money they leave to their heirs, no one will have to pay taxes on that money (there’s a caveat to this in Massachusetts, but we’ll explore…
It’s December of 2009, a time to celebrate the holidays and thoughts of buying gifts dominate the holiday season. You might think about electronics or toys or gift cards, but it is the end of the year that some of you should be thinking about gifting money – large amounts of it. For those that…