Monday, February 27, 2012
2010 Estate and Gift Tax Law Changes
As you may have heard, the 2010 Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Estate and Gift Tax Law) was signed into law on December 17, 2010, by President Obama. The new law has far-reaching ramifications for our clients and opens an unprecedented window of opportunity over the next two years for families to consider significant transfers of wealth without incurring any estate or gift taxes. However, for some clients there may be negative
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