Federal Estate Tax and the Federal Estate Tax Return for a Bucks County estate is also due nine months after the Bucks County Decedent’s date of death. In order to prepare a Federal Estate Tax Return you must understand complex federal tax law.
Michael J. Saile, Esq. of Saile & Saile LLP has an advanced law degree (L.L.M.) in taxation and has been preparing Federal Estate Tax Returns for over thirty years. It takes an experienced Bucks County estate attorney who regularly prepares Federal Estate Tax Returns to properly prepare the complex tax calculations.
Due to the Federal Estate Tax Return’s complexity, inexperienced lawyers will often refer an estate to Saile & Saile LLP for preparation and filing the Federal Estate Tax Return.
Federal Estate Tax is due when the net value of a Bucks County estate is above the yearly exclusion.
Year of Death: Exclusion: Tax Rate:
2008 $2,000,000 45%
2009 $3,500,000 45%
2010 unlimited 0%
2011 $1,000,000 55%
If the gross value of the Bucks County estate is over the yearly exclusion, the executor will have a duty to pay Federal Estate Tax and file the Federal Estate Tax Return. It is highly recommended that you retain a qualified and experienced Bucks County estate lawyer to prepare a Federal Estate Tax Return.
Our office is located in lower Bucks County on the border of Newtown and Langhorne, PA. We represent individuals, married couples, Executors, Administrators, and Trustees throughout Pennsylvania and New Jersey. We represent clients in Philadelphia, Montgomery County, Chester County, and Delaware County, Pennsylvania and residents in Mercer County, Hunterdon County, Middlesex County, Ocean County, Burlington County, and Camden County, NJ. Local Bucks County towns include Bensalem, Bristol, Buckingham, Doylestown, Fallsington, Ivyland, Langhorne, Lower Makefield, Southampton, Morrisville, New Britain, New Hope, Newtown, Solebury, Upper Makefield, Warminster, Warrington, Warwick, Wrightstown, Yardley, PA. Local New Jersey towns include Ewing, Hamilton, Hopewell, Hightstown, Lawrence Township, Lawrenceville, Pennington, Mercerville, Princeton, Titusville, Trenton, West Trenton, Windsor, and Yardville, NJ.
Our law firm is committed to providing the highest level of client service. From its inception, our attorneys have placed an emphasis on providing legal services that make sense from the client's perspective.