Changing estate tax rules and laws need to be understood, and if necessarily, dealt with, if you want your estate handled the way it should be handled. And that means being aware of what Congress and the White House have in mind to make major changes in estate tax laws. Changes that could leave your family with a much bigger tax debt in the future. The proposals are almost always labeled as “reforms”, a key to you to cover your assets.
For an update on estates and estate tax law current and proposed, I asked Tom O’Rourke who was our guest on Your Turn today.