California Estate Planning Blog by Kevin Staker

May 21, 2010

Kyl-Lincoln Proposal Appears Dead

Filed under: estate tax,Kevin Staker — Kevin Staker @ 11:11 am
Tags: ,

Two sources, the Sacramento Estate Planning Examiner, and Nacsonline.com, report the Kyl-Lincoln proposal re phase in of a $5 million estate tax exemption and pre-payment of estate tax are dead. Nacsonline.com cites a report in Congress Daily that reports 80 percent of Democratic senators oppose both points.  Moreover, Finance Chair Baucus now states there never was a deal in the first place.

By Kevin Staker

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