The 2010 Tax Relief Act: New Rules, New Opportunities for Lifetime Planning
On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This legislation presents estate planning opportunities far above any previously available, including some unique to Oregon. Though 2010's estate tax offered a "once in a lifetime" estate planning opportunity, you had to die to take advantage of the one-year repeal of the estate tax. The changes effected by the Tax Relief Act now shift the focus to lifetime planning. In the article, Mr. Husbands discusses the changes and puts them in the context of planning options and opportunities. To view the full article, please visit the link below.