Estate, Gift and GST Tax Proposals
In his recently released budget proposals, President Obama included may familiar challenges to advanced estate planning techniques as well as some new wrinkles designed to thwart creative planning for high…
Read MoreMaryland to Increase Estate Tax Exemption
On March 20, the Maryland Senate voted to increase the lifetime estate tax exemption from $1 million per person gradually to match the federal exemption ($5.34 million in 2014). This…
Read MoreTax Reform Oxymoron – “Permanent” Tax Law Changes
I am always amused when Congress passes “permanent” tax legislation. It’s that kind of “permanency” that has kept tax lawyers like me perpetually employed. Take, for example, the estate tax provisions just…
Read MoreTax Reform – Housing Provisions (and Everything Else) on the Table
In a previous blog, I noted that Rep. Dave Camp (R-MI)(http:/www.camp.house.gov), Chair of Ways and Means, was pursuing a full-blown effort to reform and simplify the tax code. The Senate…
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