Estate Planning. Chapter 17. Introduction. Only about 30% of Americans have wills Every adult needs a will along with A durable power of attorney Gives someone the legal right to handle your finances should you become incapacitated
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Note: The federal estate tax exemption is scheduled to remain at $2 million through 2008; to rise to $3.5 million in 2009. The federal estate tax is repealed in 2010 and reinstated in 2011.2006 Federal Estate Tax Rates