Patrick Murphy Quoted in St. Louis Business Journal on Estate Taxprintbutton


12.4.09

St. Louis Business Journal interviewed Patrick Murphy in “Uncertainty over estate taxes calls for preparation.”

…with its focus on health reform and little time left this year to debate a permanent estate tax change, Congress is more likely to find a temporary solution. Most estate planning attorneys say they expect key components now in place to remain — including exempting the first $3.5 million of estates from the tax, but levying a 45 percent tax on values over that amount.

“There’s not enough time to debate any significant change, so there will be a patch,” said Patrick Murphy, an accountant and estate attorney…

Read news story… St. Louis Business Journal

© Danna McKitrick, P.C. Attorneys at Law

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