415 North McKinley
Suite 310
Little Rock, AR 72205

Tel: (501) 687-9000
Fax: (501) 687-9003

Ball & Stuart, PLLC

Proud to be Part of the Little Rock Community

 

Estate & Gift Tax Rules

Year

Estate/GST Exemption

Top Estate Rate

Gift Tax Exemption

2004

$1.5 million

48%

$1.0 million

2005

$1.5 million

47%

$1.0 million

2006

$2.0 million

46%

$1.0 million

2007

$2.0 million

45%

$1.0 million

2008

$2.0 million

45%

$1.0 million

2009

$3.5 million

45%

$1.0 million

2010

Tax repealed

n/a

$1.0 million

2011?

$1.0 million?

55%?

$1.0 million

Note: The federal estate tax returns to its pre-EGTRRA form in 2011...unless Congress and the President agree to make it permanent before January 1, 2011.

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Our law firm, attorneys and lawyers handle cases, estate planning, business succession, asset protection, elder law, wills, trusts, probate, guardianships, corporate, business planning, powers of attorney, and Medicaid planning, throughout Arkansas (AR) including, but not limited to Little Rock, North Little Rock, Conway, Cammack Village, Hot Springs, Hot Springs Village, Benton, Alexander, Fayetteville, Cabot, Jacksonville, England, Springdale, Heber Springs, Bentonville, Arkadelphia, Batesville, Camden, El Dorado, Blytheville, Berryville, Greenbrier, Cherokee Village, Bella Vista, Mountain Home, Harrison, Gravel Ridge, Fort Smith, Fairfield Bay, Magnolia, Lake Village, Lepanto, Knoxville, Little Rock AFB, Benton, Newport, Nashville, Texarkana, Helena, Russellville, Pine Bluff, Marion, Bryant, Manila, Paragould, Jonesboro, Smackover, Stuttgart, Rogers, Forrest City, Gravel Ridge, Paris, Eureka Springs, Mena and more.

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Note: Nothing in this publication is intended or written to be used, and cannot be used by any person for the purpose of avoiding tax penalties regarding any transactions or matters addressed herein. You should always seek advice from independent tax advisors regarding the same. [See IRS Circular 230.]