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Author: Wradical Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4187  
Subject: Re: How to find Professional Advice Date: 9/6/2012 3:16 PM
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I have heard him mention the Federal Estate Tax Exemption as $600K, which is probably what it was when he took the bar exam. His number is woefully out of date.
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Reminds me of a lawyer I know who isn't all that old (in his 60's, I suppose.) But his word processor keeps spitting out wills and trust documents that contain terms like "Section 671 of the Internal Revenue Code of 1954, as amended."

But it's been the Internal Revenue Code of 1986 since.....1986!
I'm guessing the "as amended" makes it legal, if it wasn't otherwise.

Bill
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