Estate Planning to Minimize Federal Income Taxes

The traditional estate planning approach, aimed at reducing estate tax values, is less relevant for the vast majority of individuals today than it was in the past. The American Taxpayer Relief Act of 2012 (ATRA) provides relatively generous estate tax rates, limits and rules for estates. Specifically, the ATRA reduced the top marginal estate tax rate from 55 percent to 40 percent, increased the Continue Reading