Читать книгу 2012 Estate Planning - Martin Inc. Shenkman - Страница 32

If the $5.12 million exemption really declines to $1 million, the more macabre impact of the possible change in the tax laws might entice would-be heirs of aging wealthy benefactors to take them on extreme adventure vacations such as mountain climbing, skydiving, or parasailing between Christmas and New Year’s. Okay, that is probably too cynical, but if Momma has under a $5.12 million estate, there will be no federal estate tax in 2012 (although beware of state death taxes). If the exemption drops to $1 million in 2013 and the rate increases to 55 percent, as the law presently provides, pushing Momma from the train in 2012 instead of 2013 could lead to some multi-million dollar savings. Then again, there’s probably not much you’ll be able to spend that inheritance on while you’re living in the Spartan government quarters you are likely to be residing in. The point is that the differing impact of current 2012 law, and what is scheduled to take effect in 2013 is dramatic.