Unless the U.S. Congress and the President reach an agreement on tax legislation before the end of December, there will be significant and automatic changes to the tax laws on January 1, 2013. While we are hopeful that the laws will be “fixed” in 2013, there are no guarantees how, when or if that will happen.
Clients considering gifts to their families should begin planning now so that they can decide whether to take action before the changes in the gift, estate and generation-skipping transfer tax laws take effect on January 1, 2013.
Please see full alert below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Published In:
Tax Law Updates, Wills, Trusts, & Estate Planning Updates
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.
© Dechert LLP | Attorney Advertising
