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Sunday, May 15, 2011

Law - "Wealthy Hesitate to Take a Break on Estate Taxes"

From the NYT column "Wealth Matters," Paul Sullivan this week writes about the "two-year window that makes it cheaper to transfer wealth to offspring."

So why are the richest Americans hesitating to take advantage of this tax break? It comes down to two fears that bedevil everyone: they don’t want to put too much aside now in case they need it later, and they don’t want to take away their children’s incentive to work.

Posted by Marcia Oddi on May 15, 2011 09:58 AM
Posted to General Law Related