Two Years Can Last Forever Planning Under the New Tax Act Before It Expires on January 1, 2013

The 2010 Tax Act makes substantial changes to the credit exemption amount and the tax rates applicable to estates and gifts.  While these changes are scheduled to expire on January 1, 2013, there is a window of opportunity for gift giving and wealth transfer that should not be ignored.

Author(s)

Peter S. Gordon, J.D., LL.M.
Director
Gordon, Fournaris & Mammarella, P.A.