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Estate Planning
: North Carolina Estate Planning BlogSenate Bill Introduced to Hold Estate Tax at 2009 Levels
By Gregory Herman-Giddens
On November 17, 2009, Senators Tom Carper (D-DE) and George V. Voinovich (R-OH) reintroduced bipartisan legislation that would freeze the estate tax at its current 2009 level (a $3.5 million exemption and 45% rate) and allow a surviving spouse to elect to use the exemption of the his or her predeceased spouse. The bill was referred to the Senate Finance Committee.
Full post as published by North Carolina Estate Planning Blog on November 30, 2009 (boomark / email).
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