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    Legal News

  • Survey on CNN Headline News states that only 50% of Americans have a will. If a person dies without a will, state law dictates how their assets(everything you have) will be distributed.
  • HR Bill 436 is circulating in the House of Representatives. This bill would freeze the estate tax exemption at $3,500,000 and eliminate minority and marketability discounts for partnerships that are not actively conducting business. Other proposals are expected to be considered in revising current estate tax law.