2010 Year-End Estate Planning Advisory


This year has been notable particularly for its absence of federal estate and generation-skipping transfer (GST) taxes, as well as uncertainty as to what will happen with the federal transfer tax regime in 2011. Further confusion is caused by the one-year lack of a step-up in basis for assets held by individuals who die in 2010. Numerous questions have arisen as to how to address estate planning and estate administration this year. However, the apparent one-year “hiatus” has also created significant planning advantages.

Against this backdrop of uncertainty as to the federal transfer tax system, there have been certain important changes affecting estate planning and related areas on the local, national and international levels. The Trusts and Estates Practice at Katten Muchin Rosenman LLP is pleased to provide you with a summary of some of the most significant developments that have occurred over the past 12 months, along with important time-sensitive recommendations for you to consider for planning before year-end.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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.

© Katten Muchin Rosenman LLP | Attorney Advertising

Written by:


Katten Muchin Rosenman LLP on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.