On December 17, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act (the 2010 Tax Act). Under the 2010 Tax Act, individuals can take advantage of the most favorable estate, gift and generation-skipping transfer tax rates and tax exemptions in modern history. The attached Alert analyzes the wealth preservation opportunities available under the 2010 Act, some of which, however, must be taken advantage of by December 31st.
To read the entire Greenbert Traurig Alert please open the attached PDF.
This GT Alert was written by Norman J. Benford , Elizabeth R. Glasgow , Linda B. Hirschson , Parker F. Taylor , Diana S.C. Zeydel , Questions about this information can be directed to your Greenberg Traurig attorney. ©2010 Greenberg Traurig, LLP. All rights reserved. This Greenberg Traurig Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice.
Please contact the author(s) or your Greenberg Traurig contact if you have questions regarding the currency of this information.