Long Island’s Signature Elder Law, Special Needs and Estate Planning Law Firm
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"Planning for Today's Concerns." Vincent J. Russo, J.D., LL.M., CELA is a noted author, lecturer and advocate for seniors and people with special needs. He is the Managing Shareholder of his law firm - Vincent J. Russo & Associates, P.C. of Westbury, Lido Beach, Woodbury and Islandia, New York. |
With the New Year, come the NEW Federal Estate Tax laws. Congress has done it again. We now have new gift and estate tax laws for 2011 and 2012, but in 2013 the estate tax laws revert to the old laws: a $1 million exemption with a top tax rate of 55%. There are also provisions that retroactively change the federal estate tax laws for 2010.
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