ADVISORY/Experts Available to Discuss House Approval to Eliminate Estate Tax.Business Editors ADVISORY... --(BUSINESS WIRE) TOPIC: In a 264-163 vote, the House of Representatives approved to permanently eliminate taxes on inherited estates, according to an article by The Associated Press. The bill would decrease revenue by $162 billion through 2013. Experts do not expect the bill to pass in the Senate. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: E. Michael Kilbourn, of Kilbourn Associates, is a nationally known Estate Tax and Asset Management expert whose book, "Disinherit To cut off from an inheritance. To deprive someone, who would otherwise be an heir to property or another right, of his or her right to inherit. A parent who wishes to disinherit a child may specifically state so in a will. disinherit v. the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. ," was recently updated and republished to reflect changes affecting taxpayers from the Economic Growth and Tax Relief Reconciliation Act of 2001. With over 30 years in the financial services industry, Kilbourn has positioned himself as a leading national authority on Estate Tax matters. 239-261-1888, info@kilbournassociates.com Professor Paul Caron, of the University of Cincinnati The University of Cincinnati is a coeducational public research university in Cincinnati, Ohio. Ranked as one of America’s top 25 public research universities and in the top 50 of all American research universities,[2] , has taught estate and gift tax in the graduate tax programs at the University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. and University of San Diego law schools. He taught an advanced estate and gift tax course to branch chiefs and attorneys in the IRS Chief Counsel's Office in Washington, D.C. as part of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of University's Continuing Professional Education Program. 513-556-0100 Thomas L. Jones, of the University of Alabama The University of Alabama (also known as Alabama, UA or colloquially as 'Bama) is a public coeducational university located in Tuscaloosa, Alabama, USA. Founded in 1831, UA is the flagship campus of the University of Alabama System. , is an expert regarding law, estate planning and estate tax. He teaches in the general area of Property Law and Estate Planning. 205-348-1120 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/. |
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