TAG Tax

Estate and Tax Planning Update from Reid and Riege

Contact: Reid and Riege (Connecticut, USA)

On January 2, 2013, legislation was enacted to prevent a steep increase to the federal estate, gift and generation skipping transfer taxes set to go into effect this year. There has been a great deal of uncertainty in the area of estate and gift tax laws for the last decade. While these new laws provide some much needed relief from that uncertainty, we must remember that laws are “permanent” only until they are changed!

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