On December 17, 2010, President Obama signed into law The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (“the Act”). The Act provides much needed clarity

and some certainty regarding lifetime transfers and estate taxes—but only through 2012.

Womble Carlyle has followed the progress and content of this legislation from committee through enactment. Changes in the law created by the Act may affect your year-end planning decisions.