Maroto & Associates | August 3, 2009
After almost a decade of changes in the federal estate tax code, and many states changing their tax structure in response to the federal changes, clarity appears to be on the horizon. Congress’s recently passed budget resolution would make the current estate tax rules permanent, taxing only estates over $3.5 million in value with the [...]
Category: Wills & Estates |
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Tags: Elder Law, Estate Planning, Wills
Maroto & Associates | February 9, 2009
What happens to credit card debt upon someone’s death? Is credit card debt passed on to heirs when a loved one dies?
Credit card debt is not passed on to heirs when a loved one dies, but it can still affect you. When someone dies with debt, credit card companies will first [...]
Category: Wills & Estates |
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Tags: Estate Planning, Wills