Use It Or (Possibly) Lose It

September 10, 2012
Unless the U.S. Congress and the President reach an agreement on tax legislation before the end of December, there will be significant and automatic changes to the tax laws on January 1, 2013. This update explains what clients considering gifts to their families should begin planning now so that they can decide whether to take action before the changes in the gift, estate and generation-skipping transfer tax laws take effect on January 1, 2013.