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Well, If You’re Going To Die, Git-Her-Done In 2010

For most of us, this matters not a whit. First, we have no more intention of dying than Rush Limbaugh, who was declared dead for 15 minutes on December 31, 2009- not by his doctors, but by Wikipedia. We plan to live to a hundred! But if you are going to die soon, and you have a substantial estate, and you don’t have a spouse to whom your estate will neatly transfer upon your death…

Git-Her-Done before twenty one one.

In what Nobel prize winner, economist Paul Krugman called the “Throw Momma From the Train Acto fo 2001,” an effort to rid us all of the estate tax now could result in the ultimate hockey stick chart.

The law expires in 363 days (is this a leap year?) and counting.

Congress could move to restore the status of the current law and allow the elderly to live past December 31st 2010 without the resentment of their potential heirs hovering over their heads like a bad AT&T blue map.

Will they?

Categories: Finance - tax
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