Super Committee Inaction: How It Might Affect You

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The committee’s failure to act leaves some potentially valuable opportunities

In the wake of the failure of the Congressional "Super Committee" (perhaps misnamed) to resolve the nation's debt problems, we should not expect from Washington any meaningful income or estate tax-related action until after the 2012 election.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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