Jan 4, 2012

From Super Committee to Sensible Estate Tax and Beyond…

Authored by: Neeli Shah, Esq. In light of Congress’s recent quest to find new sources of revenue and the looming changes to the estate and gift tax regimes, the time to focus on estate planning to make optimum use of current planning opportunities is now.  Super-Committee On August 2, 2011, the Budget Control Act of 2011 created the Super Committee, whose sole mission was to find new sources of revenue in their quest to reduce the U.S. deficit.  The estate and gift tax regimes were expected to be its prime target.  In early November, there was significant speculation (in the… Read more