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STRATEGIC WEALTH GROUP, LLC

196 West Ashland Street, Doylestown, PA 18901

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Strategic Wealth Group is a full service life insurance agency that specializes in estate planning for seniors. The company is focused on helping its clients realize their financial goals through uniquely structured insurance products.

Many of our clients are stock market investors and are working with us to implement insurance initiatives that manage down exposure to volatility and that can create capital gains to help offset recent market losses. Others believe that with the changes in congress, an increase in estate tax is inevitable in 2012 and are exploring estate planning alternatives designed to protect their family members from the consequences of these possible modifications.

                           FEDERAL ESTATE TAX INFORMATION


Both the Federal Estate and GST Generation Skipping taxes will be repealed some time after 2012.

The Gift Tax , Has been set at $5 Million exemption for 2011 only and a lower maximum tax rate of 35%

Inherited assets will receive a carry-over in income tax basis there will be no step up in basis to fair market value upon the date of death. This will significantly increase capital gains on the high appreciation of assets.

Estate will receive credits toward the income tax basis of assets.

    $1.3 million for estate assets such as property held in joint tenants with rights of survivorship.

    $3 million for spousal property (surviving spouse)

The executor will determin (has the autority) which assets will receive an increase in basis.

The executor must send a report to the heirs on the adjusted basis of the property he or she will receive.

The executor also must send a report to the IRS for tracking purposes of income taxes on the basis of bequesthed property to the heirs of the estate.

Finally , proper life insurance planning remains crucial.