Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, February 26, 2010

Taxing Family Foundations to Lower Future Estate Tax Levels?

Estat taxUndisclosed sources have indicated that Senators Kyl (R-Ariz.) and Lincoln (D-Ark.) are considering a "toll charge" on family foundations to pay for reinstating the estate tax in 2011 at levels lower than those in place in 2009.  

See Jay Heflin, Bill Gates, other super rich may pay price for estate tax fix, The Hill, Feb. 2, 2010.

Special thanks to Stan Foster (attorney, Seattle) for bringing this to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2010/02/taxing-family-foundations-to-lower-future-estate-tax-levels.html

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