How Much Estate Tax Will You Pay? You might not be thinking about
it now, but when your IRA or 401(k) increase substantially, and you have
a $1,500,000 life insurance policy to protect the family.. you'll be glad
you thought about the future.
Please note: The unified credit is based on the 2001 Tax Bill. After 2010, the calculations revert back to current law, so your unified credit drops from $3.5 million in 2009 to infinite (i.e. no tax) in 2010 back down to $1 million in 2011. |