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Alerts

New Estate and Gift Tax Law

New Tax Law Provides Opportunities to Make Gifts to Grandchildren Before Year End

December 21, 2010


The new tax legislation significantly changes the federal estate, gift and generation-skipping transfer tax laws for 2010 through 2012 and provides taxpayers with valuable wealth transfer opportunities. If you wish to make gifts to grandchildren, some action may be necessary before January 1, 2011.