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CLARK BUTLER
WALSH & HAMANN |
315 E 5th St.
Waterloo, Iowa 50701 |
| Phone: (319) 234-5701 |
| Fax: (319) 232-9579 |
| Email: info@cbwh-law.com |
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Waterloo, Iowa Attorney practicing in Iowa primarily in Civil Litigation, Business Organization, Estate Planning & Probate, Family Law, Insurance Defense, Motor Vehicle Accidents, Personal Injury, Premise Liability, Product Liability, Real Estate, Workers' Compensation & Wrongful Death. Lawyers at the Clark, Butler, Walsh & Hamann are dedicated to serve their clients in Iowa, including the cities of Waterloo, Cedar Falls, Fort Dodge, Ames, Cedar Rapids, Iowa City, Davenport, Dubuque, Des Moines, Adel, Marshalltown, Pella, Decorah, Eldora, Johnston, Ankeny, Muscatine, Ottumwa, Manchester, Elkader, and Burlington , and the communities that make Polk, Webster, Story, Linn, Johnson, Scott, Dubuque, Black Hawk, Dallas, Marshall, Marion, Winneshiek, Muscatine, Wapello, Delaware, Clayton, Hardin and Des Moines counties.
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| Question: |
What is the federal estate tax (or death tax)? |
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| Answer: |
This is the tax placed on an estate by the federal government. Estates of less than $1.5 million are currently exempt from the estate tax. By 2009, the exemption will rise to $3.5 million. Under current law, the estate tax will not be assessed in 2010, but will be assessed on estates greater than $1 million in 2011. |
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| If you would like to schedule a free initial consultation contact an Iowa estate planning and probate attorney, representing clients in Newton, Iowa at the Clark, Butler, Walsh & Hamann. Give us a call at (319) 234-5701 or email us at info@cbwh-law.com. |
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DISCLAIMER: The information you obtain at our firm web site is not, nor is it intended to be, legal advice. It is recommended that you should consult an attorney for individual advice regarding your own situation.
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