Friday, December 17, 2010 Press Coverage of Estate Planning this Week (December 17, 2010)
Ben Steverman of Bloomberg Businessweek reviews the favorable provisions in the tax law progressing through Congress and finds that the “new rules would make it possible to pass on fortunes to heirs with less fuss and lower taxes than all but a brief period of the past 80 years.” The tax review addresses estate tax exemptions, favorable rules such as portability and reunification of the estate and gift tax laws, and income and investment taxes. See It’s a Great Time to Be Rich (Dec. 15, 2010). |