Asset
Preservation
Asset Preservation
is our goal for your family. Whether you or a loved one is threatened with exorbitant nursing home costs or high estate taxes, the Lugg Law Office is here to preserve your family assets by helping you find solutions.
Protect your Assets from High Estate Taxes
The Federal Estate Tax has disappeared for 2010, but is scheduled to return with a vengeance beginning January 1, 2011. Then Estate Tax rates will be levied on estates exceeding $1 million. Rates will begin at 41% raising to 55% and a surcharge on very large estates.
It is possible Congress and the President may change the Estate Tax rules before 2011. Whatever the outcome, have your Estate Plan ready for periodic changes. A useful tool for many estate plans in these uncertain times is a Disclaimer Trust within a Will.
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