Estate Tax Law: To give or not to give…
This time of year, clients are asking me: what’s going to happen to the estate tax law at the end of 2012? I wish I knew. We all need to stay tuned to news events in the coming weeks as the end of the year approaches. Both of the ruling political parties play political games with the estate tax law, and this year is no different. We’re in the same predicament we were in toward the end of 2010 when Congress had not yet acted and the estate tax law was then about to “sunset” at the end of December 2010. Then, in the final weeks of 2010, Congress set the size of an estate excluded from...
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