Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Status of the Changes to the Federal Estate Tax?

April 26, 2017changes estate tax Federal Status

0

10 Posted

What is the Status of the Changes to the Federal Estate Tax?

1 Answer

0

10 Posted

See above. Congress has not yet acted and there is no bill pending or in the pipeline. In addition, the death of billionaire Dan Duncan in March 2010 left behind a tax-free fortune of $9 billion, leaving his heirs unlikely to welcome any efforts to retroactively impose a tax on estates for decedents passing away in 2010.