Sentence examples for current estate from inspiring English sources

Consider next a second fact: by long-term historic standards, current estate tax rates are actually relatively high.

The current estate tax rate of 35 percent, applied only to portions of estates that exceed $10 million in value for couples, is scheduled to expire next year.

Ms. McCaskill introduced her own bill on Wednesday to keep the current estate tax rate and exemption for one more year.

That tax could affect up to an estimated 70,000 estates next year, compared with the current estate tax law, which applies to about 5,500 estates annually.

But given the complexity of current estate tax law -- it has supported legions of lawyers and estate planners for generations -- there are a number of wrinkles in the new legislation.

If nothing is done, the current estate tax — a 35 percent rate on inheritances worth more than $5 million, or $10 million per couple — would snap back to the rates under President Bill Clinton, 55 percent over $1 million, or $2 million per couple.

Current estate-tax rates would ensure that Mr Buffett's estate would generate around $17 billion for the treasury (were he to die this year), which he will now avoid.

It said new properties could be built along transport corridors, brownfield sites or when regenerating current estates for multiple occupants.

If Congress doesn't act, the current moribund estate tax will spring back to life on Jan . 1 with only $1 million of each estate exempt from tax and a top rate of 60%.

Even in the current real estate market, a ballpark estimate is that the land would fetch at least $5 billion from a developer.

Fallon said the current defence estate which made up 2% of the UK land mass – or an area three times the size of Greater London – needed to adapt to changing needs.