For May 2012 the Section 7520 rose slightly, to 1.6%
The Applicable Federal Rates for May are set forth below:
| ANNUAL | SEMI-ANNUAL | QUARTERLY | MONTHLY |
Short-term | 0.28% | 0.28% | 0.28% | 0.28% |
Mid-term | 1.30% | 1.30% | 1.30% | 1.30% |
Long-term | 2.89% | 2.87% | 2.86% | 2.85% |
For a description of how these rates impact certain estate planning techniques, please see the explanatory text in my March 8, 2012 post on our News and Insights page.
If you have any questions, or would like to discuss how these rates might relate to your own estate planning, please feel free to contact us.