NU Online News Service, Aug. 14, 1:00 p.m. EDT
Congress most likely will extend 2009 estate tax rates for oneyear as it continues to seek consensus for comprehensive reform,according to industry officials, in a development of keen interestto many family-owned independent insurance agencies.
The issue is critical because under current law, estate taxeswill expire for 2010, at a huge cost in government revenues,returning to 2001 levels in 2011.
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