On X's death, the first $650,000 of assets will still qualify for the AEA, leaving only $350,000 subject to an estate tax of $134,500.
21) For simplicity's sake, the 1999 AEA of $650,000 is used in the examples in this article.
AEA did laud the state for allocating money to decrease the size of K-3 classes, and for making other improvements to the business climate by curtailing so-called frivolous lawsuits, which are filed when a company's stock goes down.
On the other hand, AEA said, the high cost of housing in California and worsening commute times made it harder to keep workers here.
Also making a presentation was AEA
legal counsel Mark Bayer who informed members of AEA
's stance against any violation of the federal Sherman Anti-Trust Act, as well as state antitrust laws regulations.