Tuesday, August 16, 2011

U of M Extension: Notice of Recall: Minnesota estate tax changes part of budget bill

NOTICE OF RECALL: On August 11, U of M Extension distributed the news item below, which we unfortunately need to recall. The content is accurate based on the budget bill text, but the bill is now under review between attorneys and legislators. The ambiguity is related to whether the $4 million dollar exemption for the farm or small business includes, or is in addition to, a $1 million exemption for the individual. When the question is resolved, we will update the news release and re-post it at www.extension.umn.edu/news. Until then, the news release has been removed.

We apologize for any inconvenience. Please contact us if you have any
questions or concerns.

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