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February
2010
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| In This
Issue |
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Elder
Law Center, P.C. |
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Upcoming Speaking Engagements for Managing Partner, Connie Renzi:
March 17, 2010 - Connie Renzi will Moderate the Estate, Probate & Elder Law Committee and The Kane County Bar Association's seminar "Estate, Probate & Elder Law Probate" (seminar detail)
Visit the Elder Law Center website for more information. |
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Congress Lets Estate Tax Expire, But May Act
Retroactively With Senate Democrats
unable to persuade Republicans to extend the 2009 estate tax law for
even a couple of months until a more permanent solution could be
devised, there is currently no tax on the estates of those dying
during 2010.
Things to Remember at Tax Time April 15th is
approaching and it is time to begin crossing T's and dotting I's in
preparation for paying taxes. As tax time draws near, you want to
make sure you file all the proper forms and take all deductions
you're entitled to.
To Roth or Not to Roth? Now that 2010 has
arrived, people whose incomes were previously too high to permit
them to rollover a traditional IRA to a Roth IRA are calling their
investment houses about making conversions.
Avoiding Expensive Funerals When planning a funeral,
the expenses can add up quickly. The average funeral costs about
$7,300, but there are several ways to save on funeral
expenses.
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| Disclaimer:
The information contained in this newsletter is not intended
as legal advice and should not be relied upon to answer any
specific questions concerning your own circumstances or for
purposes of legal planning. For specific legal advice, please
contact our offices. |
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