Katherine Jeffrey, of Davis Wright Tremaine LLP, has made available for download her article, “Proposed Federal Tax Law Changes Affecting Estate Planning,” published in JDSUPRA. The abstract is as follows:
The House Ways and Means Committee recently released its plan to pay for President Biden’s proposed Build Back Better Act. Many of the changes to the Internal Revenue Code proposed by that plan would directly impact gift and estate tax planning.
While the plan is still in negotiations, and changes to the legislation are likely, the impact of the proposed changes on common estate plan strategies make it worth taking notice now.
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.