2010 Estate Tax and Charitable Giving
June 30, 2010 | 
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So far, there is no estate tax in place for 2010. That means if you bequeath money to charity in your will, that bequest won’t save any estate tax as it had in the past.
So, instead of a tax-useless charitable bequest, make a specific bequest to your heirs with a non-biding request that they make the requested charitable contribution. The heir will obtain an income tax charitable contribution deduction which is quite a tax improvement.
Submitted by Sam Cohen
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