Tags » Death Tax

Who might actually be affected by repealing the estate tax, charted

When a person dies in the US, all of their wealth exceeding $5.49 million is taxed. The Republicans want to change this.

As part of their effort to overhaul US taxes, the House Republicans’ plan repeals the estate tax entirely six years from now; in the meantime, it doubles the amount of wealth exempted, to $11 million. 624 more words

Tokyo Pushes Back on 'Bizarre' Death Tax that Deters Expats

Gareth Allan and Yuki Hagiwara report: Considering a work stint in Japan? You’d better make it short, and you’d better stay alive.

That’s because the government subjects long-term foreign residents to inheritance tax of up to 55 percent on their worldwide assets — meaning heirs could be forced to give up their family homes or businesses even if they’ve never set foot in Japan. 330 more words


The RepubliCON Tax Plan

From Money magazine:

“According to a 2015 report from Congress’s Joint Committee on Taxation, 4,700 estate tax returns reporting tax liability were filed in 2013, out of 2.6 million total deaths in the United States.

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Money Matters

West Wing Wednesday: Ways and Means

With Monday bringing forth the revelations of Robert S. Mueller, special counsel for the investigation into Russian interference in the 2016 presidential election, I figured this week was a good week to look into an interesting episode of  526 more words


Mark Wahlberg’s one big career regret

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Entertainment - Syndicated

What is the "Death Tax?"

As part of the tax reform framework introduced by Republicans on September 28, the Republicans said they will repeal the “death tax.” Republicans use the term to describe what is the estate tax assessed in inheritances. 74 more words


5 Estate Planning Options for Out-of-State Real Property

As any seasoned estate planner knows, it’s crucial to learn of all your client’s assets before developing a comprehensive plan. This is particularly important when it comes to out-of-state real property, which may be subject to that state’s potential inheritance or estate tax if left unaccounted. 564 more words

Estate Planning