No More Federal Estate Tax

The Wall Street Journal online reports that: “Senate Democratic leaders Wednesday failed in a last-ditch effort to pass a short-term extension to override the tax’s expiration, a process put into motion during the Bush administration. That virtually ensures that the tax will disappear Jan. 1.”

Nonetheless, California still requires in many situations the probate of an estate if you want to inherit property.

Speak to a probate and estate planning attorney to learn about your options. Call Mitchell A. Port at (310) 559-5259.