Thursday, November 08, 2007

 

Estate Tax Help Could Be on the Way

A bill pending in Congress could create a significant estate-planning opportunity for family members other than spouses.

Currently, someone other than a spouse who is the beneficiary of a retirement plan must distribute inherited assets on a payout schedule that is set by the plan administrator. Typically the time period is five years or less, and taxes must be paid within that timeframe.

Estate Tax Help Could Be on the Way
Source: Insurance News Net

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