Online Resources for Income Tax Planning as Part of Estate Planning

The Internet provides a rich source of discussions and suggestions relative to the future of estate planning. It particularly makes available a number of constructive analyses of the direction of estate-planning practices after the enactment of The American Taxpayer Relief Act of 2012 (ATRA), including the importance of focusing on related ordinary income and capital gains tax issues.

Income tax rates increased significantly after 2012, with the federal income tax brackets for 2013 topping at a marginal rate for incomes over $338,350 of 39.6 percent and a net capital gains rate of 20 percent. Thus, income tax planning for estates assumes even more significance.

see entire article at: Online Resources for Income Tax Planning as Part of Estate Planning | Technology content from WealthManagement.com.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *