The Tax Relief Act of 2010 was overwhelmingly passed by Congress and
signed into law by President Obama on December 17, 2010. The new law
provides numerous tax benefits for businesses and individuals for the
next two years, including:
The estate, gift and GST tax benefits are generous for 2011 and 2012.
Estate Tax Changes
Gift Tax Changes
Generation Skipping Transfer Tax Changes
What Remains the Same
Revisiting Your Planning
If you have any questions about the new law or other
estate planning and administration issues, please contact Linda Wank at
212.826.5546, or firstname.lastname@example.org, Barbara Shiers at 212.826.5526 or email@example.com, Joseph Mahon at 212.826.5526 or firstname.lastname@example.org or any other member of the Frankfurt Kurnit Estate Planning & Administration Group. We wish you a very happy New Year.
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