estate tax

Inheritance Tax Repealed in Indiana -- Other States May Follow

Gerry W. Beyer
March 21, 2012 19:00

Indiana Governor Mitch Daniels officially signed to repeal the inheritance tax for deaths after Dec. 31, 2021. The relief is retroactive to January 1 and increases amounts exempt from the levy for 2012 deaths. Currently there are still 22 states...

Estate Administration - The 3 Stages

March 20, 2012 13:50

While each estate administration presents different facts - the terms of the Will or Trust, the amount and composition of the assets, each estate in New Jersey goes through the same 3 stages:  ·         Probate.  The first stage is when the...

Indiana House Bill 1258

Gerry W. Beyer
March 18, 2012 13:00

The Indiana President Pro Tempore has signed Indiana House Bill 1258. The digest of House Bill 1258 is below, in full: Various estate administration matters. Specifies that an individual holding a beneficial or ownership interest in an entity is considered...

Israel Debates Enacting an Estate Tax

David Shulman
March 16, 2012 17:27

America isn't the only place where the imposition of an estate tax is being debated. Israel is currently considering whether to impose one. The proposed exemption amount, that is the amount over which the tax would be imposed, is 15 million NIS (New Israeli Shekels) or a little less than $4 million...

Changes to Indiana Inheritance Tax Laws

Gerry W. Beyer
March 16, 2012 15:00

The Indiana Speaker of the House has signed Senate Bill 293, an Indiana Bill that makes changes to the state's inheritance tax laws. The digest of the bill is below, in full: Inheritance tax. Reclassifies a spouse, widow, or widower...