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Estate Planning: Recent Development of Note

Posted by Michael J. Orlowkski CPA, CFA

Jan 12, 2016 3:05:00 PM

The American Taxpayer Relief Act of 2012 changed the federal estate-tax rules by significantly increasing the amount that individuals can pass to their beneficiaries tax free. Now that most estates will not incur a federal estate-tax liability, there are new opportunities for taxpayers to lower the future income taxes of their intended beneficiaries.

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Topics: estate planing, capital gains, estate tax, basis reporting, The American Taxpayer Relief Act of 2012

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