$9 Billion and No Taxes

An interesting article from NBC.com came across my desk today. The 74th richest person in the world passed away earlier this year, and since he died in just the right year, his beneficiaries will collect their inheritance tax free.

Because of a lapse in the Estate Tax laws for 2010, Dan L. Duncan’s estate valued at over $9 billion will pass on to his children and grandchildren free of estate tax. This means his beneficiaries will received billions more than they would have any other year.

This article is a great reminder to talk to your clients about estate planning and how you can help them.

Read the complete article here: http://www.msnbc.msn.com/id/37588278/ns/business-personal_finance//

Stay Focused.


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