Tom Appeals Blog

News and Observations About Law and Society

"As long as I have any choice, I will stay only in a country where political liberty, toleration, and equality of all citizens before the law are the rule." - Albert Einstein

Estate Tax Update

Posted: December 17, 2010 Filed under: Uncategorized

As this article and other news reports explain, Congress has passed an $858 billion tax cuts package that includes provisions reinstating the estate tax at a rate of 35 percent for individuals with estates worth more than $5 million ($10 million for couples). The legislation now goes to President Obama for his signature.

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