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 Family Business Succession Planning
Asset Protection
Estates and Trusts
Businesses Organizations, Tax and Transactions
Tax Litigation
California Real Property Taxation
 General Tax Information and News
December 2009 Letter to Friends and Clients
This letter summarizes what the estate, gift and generation-skipping transfer taxes are for 2009 (for comparison), in 2010 and 2011 under present provisions of the federal tax law, and the uncertainties presented for 2010 including possible retroactive legislative enactment and corresponding constitutional challenge.
Then we saved the good news for the end where we outlined some planning opportunities now available for a small window which we think will be the first few months of 2010 (assuming there is no legislation by December 31, 2009).
Click here for our December 2009 Letter to Friends and Clients.
March 2009 Letter to Friends and Clients
In response to our January Letter to Friends and Clients (see below), we received several questions related to California property taxes and retirement plans in light of the economic downturn and state and federal legislation recently adopted.
The interest was so strong that we thought it worth sending a follow-up letter on these points. Click here for our March 2009 Letter to Friends and Clients.
January 2009 Letter to Friends and Clients
There are so many law changes to discuss, plus suggestions and strategies for these tough economic times, not to mention the uncertainty of what the estate tax laws will be after 2009.
Click here for our January 2009 Letter to Friends and Clients
Estate and Gift Tax Inflation Adjustments
Click here for Excel spreadsheet (.xls) showing various inflation adjustments from 1997 and 2001 Tax Acts pertaining to estate and gift taxes. Click here for the same information as an Adobe (.pdf) file. (Data current through 2010 pending any action by Congress regarding estate taxes in 2010.)
Disclaimer of Liability: This site is provided as a public service by Ambrecht & Associates. While the information on this site is about legal issues, it is not legal advice nor legal representation. Because of the rapidly changing nature of the law and our reliance upon outside sources for some articles and links, we make no warranty or guarantee of the accuracy or reliability of information contained herein or at other sites to which we link. We assume no responsibility for any information, advice, or services provided by any site to which we link.
For comments about this web site, email green@taxlawsb.com
Photo upper left is Smuggler's Cove, Santa Cruz Island, Santa Barbara County, CA. © D. Green, 1997.
This page updated December, 2009.
This page: www.taxlawsb.com/resource.htm
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