Unless some miracle from congress to repeal or reinstate 2011/2012 estate tax exemptions…
2013 will be a really bad year for someone to die…
The estate tax exemption resets back to $1million…
That means single people have a $1million exemption, and married couples have a $2million exemption if they setup something similar to A-B trust (short of any other stategy)…Well, at least for married couples, you can wait to see what the exemption will be for the surviving spouse’s estate when the deceased spouse’s assets rolls into the survivor….Heirs of single survivors…royally screwed…
Don’t die that year, please…Because if you do, a good portion of your assets that you worked so hard for will be nicely redistributed, robin hood style…
