United States: Estate Planning Update – January 2013


As has been widely reported, on January 2, President Barack Obama signed the American Taxpayer Relief Act of 2012. The act avoids the significant tax increases that would have gone into effect as of January 1 for most taxpayers as a result of the expiration of a variety of tax reductions enacted in 2001 and 2003. The following summarizes some of the provisions of the new law…

Read more here: http://www.mondaq.com/unitedstates/x/216530/tax+authorities/Estate+Planning+Update+January+2013