How to Get Your Estate Plan Together Before Year-End

Watch the news closely. The 2001 Tax Reform Legislation expires on midnight, December 31, pay attention. Here’s why explains Ty Young, president and CEO of wealth management firm Ty J. Young. George Steinbrenner passed away in 2010 with over a billion dollars in net worth, and no estate tax liability. “If the law expires and he passes away in 2011, his family estate tax bill would be approximately $500 million.”

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