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ARTICLE · 04 JANUARY 2011

Tax Alert - December 2010

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On December 17, 2010, the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" was signed into law. The new law provides estate planning opportunities, including some that are only available until the end of 2010.

United StatesTax
N. Todd Angkatavanich
N. Todd Angkatavanich
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On December 17, 2010, the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" was signed into law. The new law provides estate planning opportunities, including some that are only available until the end of 2010.

On December 17, 2010, the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" was signed into law by President Obama. The new law contains an extension for two years of many of the Bush-era tax cuts. It also makes significant changes to the gift, estate and generation-skipping transfer (GST) tax laws. The law provides new estate planning opportunities, including some that are only available until the end of 2010.

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