Analysts recently advised that given the upcoming elections, they don’t anticipate Tax Law changes until 2013 or 2014 (click here to read the article). Therefore, they anticipate the Bush Tax cuts expiring on December 31, 2012, leading us back to Estate Taxes being applied on Estates with more than $1 million and Estate Tax rates back up to 55%. We will wait to see if they do nothing and let the Bush Tax Cuts expire or again “kick the can down the road” by temporary extension, as the President said he did not want to do. Meanwhile, we do Estate Planning incorporating both options to cover either contingency.
Steven developed a thorough plan to meet our complicated needs with a blended family and special needs child in a timely manner. - Cheryl F.
Mr. Jackson made a tough process easy and painless! - Kyle M.
"Integrity, trust - a rare item - it's here! - Ron F.