Legal Question in Wills and Trusts in California
Federal Estate Tax
Is the tax rate for estates over 2 million a sliding scale based on the amount over 2 million or a flat 45% of the amount over 2 million?
Asked on 1/25/08, 2:08 pm
1 Answer from Attorneys
Mitchell Roth
MW Roth, Professional Law Corporation
Re: Federal Estate Tax
The latter. It goes up to about 55%.
Answered on 1/25/08, 2:23 pm
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