New & Noteworthy

Explore our latest news and insigts locllay and around the globe.

generation-skipping transfer tax

 

The “Portable” Federal Estate Tax Exemption

The tax legislation enacted at the end of 2010, just before we were scheduled to return to a top federal estate and gift tax rate of 55% and an exemption of only $1 million, provided three significant changes in the federal estate and gift tax laws.