http://resources.lawinfo.com/en/Legal-FAQs/Estate-Taxes/index.html LawInfo - Legal Resource Center offers free legal forms and free legal documents that is designed to help consumers and businesses resolve their legal issues http://resources.lawinfo.com/en/Legal-FAQs/Estate-Taxes/Federal/how-can-i-reduce-my-estate-tax-upon-my-death-.html <p><span style="FONT­SIZE: 10pt; FONT­FAMILY: Verdana; mso­fareast­font­family: 'Times New Roman'; mso­bidi­font­family: Arial; mso­ansi­language: EN­US; mso­fareast­language: EN­US; mso­bidi­language: AR­SA">Federal Estate Taxes are only charged against Estates with net values in excess of the amount set by the law in place at the time of the person's death.&nbsp; The values change from time to time.&nbsp; For example, the amount that exempt from Federal Estate Tax&nbsp; in 2004-2005 was $1.5 million ($3 million if married); $2 million in 2006 through 2008 ($4 million if married); $3.5 million in 2009 ($7 million if married) and then in 2010 there is scheduled not to be any federal estate tax.&nbsp; </span></p> <p><span style="FONT­SIZE: 10pt; FONT­FAMILY: Verdana; mso­fareast­font­family: 'Times New Roman'; mso­bidi­font­family: Arial; mso­ansi­language: EN­US; mso­fareast­language: EN­US; mso­bidi­language: AR­SA">If you think your Estate will exceed whatever the maximum net estate value is at the time of your death, then&nbsp;the assistance of a qualified estate planning attorney is highly recommended.&nbsp; There may be ways, for example, to reduce the value of your estate at death by making&nbsp;gifts throughout your lifetime,&nbsp;transferring assets to a&nbsp;spouse&nbsp;and taking advantage of any marital deductions, and other wealth transfer mechanisms.&nbsp; These are often complicated matters requiring the assistance of legal counsel.&nbsp; </span></p> Estate Taxes FAQs Tue, 29 May 2007 21:19:00 GMT http://resources.lawinfo.com/en/Legal-FAQs/Durable-Power-Of-Attorney/index.html Free Durable Power Of Attorney FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT http://resources.lawinfo.com/en/Legal-FAQs/Estate-Planning-Sub/index.html Free Estate Planning FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT http://resources.lawinfo.com/en/Legal-FAQs/Guardianship/index.html Free Guardianship FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT http://resources.lawinfo.com/en/Legal-FAQs/Power-of-Attorney-Estate-Planning/index.html Free Power of Attorney FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT http://resources.lawinfo.com/en/Legal-FAQs/Probate-Estate-Planning/index.html Free Probate FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT http://resources.lawinfo.com/en/Legal-FAQs/Trusts-Estate-Planning/index.html Free Trusts FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT http://resources.lawinfo.com/en/Legal-FAQs/Wills-Estate-Planning/index.html Free Wills FAQs Estate Planning Sub-categories Fri, 27 Nov 2009 01:55:47 GMT