Tax Planning: Will You Owe Estate Taxes?
- Topics:
- Quantitative Analysis,
- Taxes,
- Tools and Templates
- Tags:
- 401(k),
- Benefits,
- Finance,
- Financial Planning,
- FOX News Network,
- Free Trade,
- Human Resources,
- Retirement Plans,
- Taxes
- Source:
- FOX News Network
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Overview: With 401(k) accounts compounding and life insurance death benefits thrown into the pot, it's easier than some think for a working couple to be subject to the estate tax, at least for the next few years. And this tax can be brutal. For every dollar more than $2 million that you leave behind, Uncle Sam will take 45 cents. Want to know where you stand? Well, plug your assets and liabilities into this Estate Tax Exposure Meter. If it looks like your heirs will be sharing their bequests with Uncle Sam, don't fret. There are plenty of things you can do right now to make sure that the prime beneficiary of your life's hard work isn't the government.
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Format: HTML | Date: Jan 2008
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